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News Caribbean Cement discloses financial results for second quarter of 2024

Caribbean Cement discloses financial results for second quarter of 2024

Written by Global Cement staff 06 August 2024
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Jamaica: Caribbean Cement has recorded a profit of US$15m for the end of its second quarter, a year-on-year increase of 9% from the US$13.8m in the same period in 2023. Six-month earnings reached US$27m. Revenue also rose by 3% to US$49.2m. The company will undertake its annual maintenance in the current July – September quarter and expects fluctuating demand due to prevailing weather conditions. The company is continuing its expansion programme to boost production capacity by up to 30% and reduce its carbon footprint.

Last modified on 07 August 2024
Published in Global Cement News
Tagged under
  • Jamaica
  • Caribbean Cement
  • Results
  • GCW671
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