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News Caribbean Cement increases sales and reduces losses in 2021

Caribbean Cement increases sales and reduces losses in 2021

Written by Global Cement staff 04 March 2022
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Jamaica: Caribbean Cement recorded revenues of US$153m in 2021, up by 19% year-on-year from US$129m in 2020. Its operating expenses rose by 6.4% to US$16m from US$15.1m. The company recorded a loss for the year of US$3.31m, just under half of the US$6.79m loss that it recorded in 2020.

Last modified on 09 March 2022
Published in Global Cement News
Tagged under
  • Jamaica
  • Caribbean Cement
  • Results
  • Loss
  • growth
  • GCW547
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