Forex losses sink Bamburi into Sh905 million net loss

The Bamburi Cement factory plant in Mombasa County.

Photo credit: File | Nation Media Group

Bamburi Cement's net loss more than doubled to Sh905 million in the financial year ended December 2024 on the back of foreign exchange losses linked to the sale of its Ugandan subsidiary.

The cement maker, which was acquired by Tanzanian conglomerate Amsons Group in December last year, saw its net loss widen from a Sh399 million net loss posted a year earlier.

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