Kenya-baesd EAPCC profit down 55% in second half of 2013

Kenya-based East African Portland Cement (EAPCC) posted a pretax profit of KES 171 million (€1.43 million/US$1.97million) in the second half of 2013, down 54.6% from the year-ago period. Revenue grew 0.4% to KES 5.47 billion while administrative and sales expenses were up 26% to KES 1.26 billion.
March 31, 2014 Read time: 1 min

Kenya-based 7705 East African Portland Cement (EAPCC) posted a pretax profit of KES 171 million (€1.43 million/US$1.97million) in the second half of 2013, down 54.6% from the year-ago period.

Revenue grew 0.4% to KES 5.47 billion while administrative and sales expenses were up 26% to KES 1.26 billion.

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