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News JK Cement’s grey cement sales fall by 20% in first quarter

JK Cement’s grey cement sales fall by 20% in first quarter

Written by Global Cement staff 04 August 2020
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India: JK Cement’s grey cement sales fell by around 20% year-on-year in the first quarter of its financial year to 30 June 2020. They have recovered gradually since coronavirus-related lockdowns eased. White cement sales have recovered slower and dropped by 50% in the first quarter. The cement producer temporarily suspended operations at its plants in five states in late March 2020. Operations resumed in late April 2020 in a phased manner. The company added that its capital and financial resources remained “entirely protected in spite of adverse impact on its sales.”

Last modified on 05 August 2020
Published in Global Cement News
Tagged under
  • India
  • JK Cement
  • Results
  • White cement
  • lockdown
  • coronavirus
  • GCW467
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