Troubled East African Portland Cement Company (EAPCC) #ticker:EAPCC says sale of land to government will bankroll its return to profitability amid a 30.7 percent surge in losses to Sh1.26 billion in the second half of 2018.
Talking at the opening event of the Homes Expo in Nairobi, board chairman Edwin Kinyua said the Athi River-based firm had finalised a land sale deal with the government that will see them hive off 900 acres of land for the establishment of Athi River Inland Container Depot.
