Bamburi Cement profit down on reduced demand

A truck leaving the Bamburi Cement factory in Mombasa. PHOTO | FILE

Bamburi Cement net profit declined by six per cent for the six months of 2016 to Sh2.9 billion following lower cement demand from the housing construction sector and regional export market.

Bamburi saw its turnover fall from Sh19.3 billion in the 2015 comparable period to Sh19.1 billion this year.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.