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News Steppe Cement reports 2024 first half results

Steppe Cement reports 2024 first half results

Written by Global Cement staff 23 September 2024
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Kazakhstan: Steppe Cement has reported a loss of US$4.4m in the first half of 2024 compared to a profit of US$61,000 in 2023. The company, which operates two cement production facilities in Kazakhstan, saw its revenue fall by 7% to US$34.4m, down from US$36.9m, reportedly due to a 4% reduction in sales volume and higher electricity and maintenance costs.

Last modified on 25 September 2024
Published in Global Cement News
Tagged under
  • Kazakhstan
  • Steppe Cement
  • Results
  • GCW678
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