East Africa’s largest cement maker Bamburi #ticker:BAMB has slashed its dividend payout to shareholders by two thirds after its net earnings dropped by a massive Sh3.9 billion in the year ended December 2017.
Bamburi, which is 58.6 per cent owned by French multinational LafargeHolcim, posted a Sh1.97 billion net profit after revenues dropped by six per cent to Sh35.9 billion.
