Holcim Lanka has recorded a very positive product results despite the difficult economic environment during the first quarter of the year.
The Group companies in Bangladesh and Sri Lanka delivered more cement, and Holcim Lanka benefited from taking over the terminal of Ambuja Cements in the South of the island. a spokesman for Holcim Lanka said.
The two Indian Group companies increased their cement deliveries compared with the same period last year.
The continuing expansion of the ready-mix concrete business was reflected in a significant rise in sales generated by private and public housing construction and major infrastructure projects.
The early start of the monsoon season and cyclical demand fluctuations in some markets of the Indian subcontinent led to a slight tapering of growth, according to him.