Trinidad & Tobago: Trinidad Cement Ltd (TCL) has reported that its revenue for 2025 was US$104m. It said that this was a ‘7% increase year-on-year, underpinned by sustained volume growth and effective pricing across core markets.’ Operating earnings before other expenses and other income and credits increased by 6% to US$20m, reflecting solid revenue performance and ongoing cost optimisation initiatives.
TCL’s overall net income for 2025 amounted to US$4m, compared to US$9.4m in 2024. The company attributed the lower profitability primarily to lower sales volumes in Trinidad & Tobago, following a market contraction exceeding 10% and the entry of cement imports into the market during the second half of the year. It also cited restructuring costs in Barbados, where it operates Arawak Cement. The company recently stopped clinker production at Arawak’s St Lucy plant and reduced its workforce accordingly.
