Bamburi signals lower earnings with profit warning

A section of Bamburi Cement premises in Mombasa. FILE photo | nmg

Bamburi Cement #ticker:BAMB has issued a profit warning, preparing investors for its lowest earnings in over 10 years for the financial year ended December 2017.

The cement maker, which also issued a profit warning last year, is set for the second tumultuous year defined by a fall in profits and reduced dividend payout to shareholders when it makes the announcement in the first quarter of 2019.

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