Lafarge’s Kenyan unit, Bamburi, reports 1H profit of US$41.5m

Lafarge’s Kenyan unit, Bamburi, reports 1H profit of US$41.5m
Published: 06 August 2010

Lafarge SA’s Kenyan unit, Bamburi Cement Co, reported first-half earnings per share of KES6.52.

The company recorded operating profit of KES3.3bn and posted revenue of KES13bn, the company said in a statement e-mailed by its external investor relations agency today. It didn’t provide comparative figures.

“Stronger sales, efficiency gains through continued cost containment along with the start up of a new production line in Uganda is expected to positively impact performance” in the second half of the year, the company said.