ACC’s August sales dip 5%

ACC’s August sales dip 5%
Published: 02 September 2010

Indian cement manufacturer ACC Limited on Wednesday reported a five per cent dip in sales for the month of August at 1.57Mt.

The company, in which Holcim has majority stake, had sold 1.65Mt cement in August 2009, it said in a statement.

Production of the company also fell during the month at 1.56Mt from 1.63Mt a year-ago.

Cumulative sales of ACC during the January-August period of the current year stood at 14Mt vis-a-vis 14.49Mt a year ago.

Production during the first eight months of 2010 also dipped to 14.05Mt, compared to 14.48Mt in the same period last year.