Bamburi Cement profit plunges 87pc to Sh181 million

A cement truck leaves a Bamburi factory in Mombasa. FILE PHOTO | NMG

Bamburi Cement net profit for the year ended December 2022 has dropped by 86.9 percent to Sh181 million on the back of reduced sales and increased costs.

The Nairobi Securities Exchange-listed firm’s net earnings retreated from Sh1.38 billion posted in the previous year as sales dropped by six percent to Sh38.99 billion.

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