|
News Detail |
|
 |
East African Portland Cement reports profit decline for 2026 financial year
Kenya: East African Portland Cement Company (EAPCC) has reported a net profit of US$12.2m in the financial year which ended in June 2026, down by 69% year-on-year from US$40m recorded in 2025. The decline was largely driven by rising production costs and expenses associated with the company s business reorganisation. Operating performance also weakened, with the company recording an operating loss of US$403,232 compared to a profit of US$12.6m in the 2025 financial year. The decline came despite a 28% year-on-year increase in revenue to US$69.8m, up from US$54.5m in 2025.
EAPCC said that it will prioritise restoring operating profitability through improved plant efficiencies and optimal sourcing.
/Global Cement
UAECEMENT.COM
-
Nov, 04 ,2026
|
|
|
|
|