Caribbean Cement grows sales in 2020 due to local market

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Jamaica: Caribbean Cement’s revenue grew by 13% year-on-year to US$134m in 2020 from US$119m in 2019. Operating earnings rose by 32% to US$42m from US$28.8m. The subsidiary of Mexico-based Cemex said that he increase in revenue was related to stronger domestic demand and the company's capacity to supply the local market.

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URL: https://globalcement.com/news/item/12080-caribbean-cement-grows-sales-in-2020-due-to-local-market

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