Displaying items by tag: Trinidad & Tobago

Trinidad & Tobago: Storms and a poor market in Trinidad and Tobago have reduced Trinidad Cement’s sales in 2017. Its sales revenue fell by 9% year-on-year to US$254m in 2017 from US$280m in 2016. It made a loss of US$37.8m in 2017 compared to a profit of US$7.77m in 2016. However, the group reported that Jamaica was an exception and that it continued to display ‘robust’ economic growth that partly offset the group’s falling sales.