Monarch hits nine year high

Monarch hits nine year high
Published: 31 May 2006

EBITDA for The Monarch Cement Company for its twelve months ended March 31, 2006 was $26,088,413, a 108 per cent increase over the year earlier same twelve months when Monarch Cement generated $12,517,303 in earnings. EBITDA for the most recent twelve months also reached a nine year high.For Monarch Cement’s quarter ended March 31, 2006 EBITDA was $3,778,101, compared with $2,401,216, a 57 per cent increase over the comparable year earlier quarter. Monarch Cement has generated five consecutive quarters of positive EBITDA.