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News ARM Cement revenue down by 20% to US$52m in first half of 2017

ARM Cement revenue down by 20% to US$52m in first half of 2017

Written by Global Cement staff 05 September 2017
  • Print

Kenya: ARM Cement’s revenue fell by 20% year-on-year to US$52m in the first half of 2017 from US$65m in the same period in 2016. Its loss for the period grew to US$14m from US$2.6m. Cement production dropped by 3.93% to 3.18Mt in the half year of 2017 according to data from the Kenya National Bureau of Statistics reported by the Kenyan Star newspaper. Cement consumption also fell during the first five months of the year, by 2.34% to 2.5Mt.

Last modified on 06 September 2017
Published in Global Cement News
Tagged under
  • Kenya
  • ARM Cement
  • Results
  • Kenya National Bureau of Statistics
  • GCW318

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