"This [growth] is attributable to favourable prices and growth in cement sales with the expansion of the building and construction sector especially in the local market," said the statement by company secretary, J LG Maonga.
Profit before deductions of operating expenses increased by six percent while operating profit rose to Sh592 million from Sh458 million.
"The increase in operating profit to Sh592 million was due to good performance and the decrease in selling expenses and other operating expenses by 16 per cent and 24 per cent respectively," the statement published in a section of the press said.
Source: Allafrica
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