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Portland Cement returns to profit on asset valuation, tax credit

Entrance to the East Africa Portland Cement factory in Athi River. FILE PHOTO |  NMG

By  Victor Juma

Business Editor

Nation Media Group

East African Portland Cement Plc (EAPC) #ticker: PORT posted a Sh1.8 billion net profit in the year ended June, helped by gains in its land holdings and a larger tax credit.

The company had made a net loss of Sh2.7 billion the year before.

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