Colombian cement maker Cementos del Valle posted a net profit of 95.991 bln Colombian pesos (US$41.3m) for 2004, up seven per cent YoY.
The profit increase was a result of the higher construction sector activity in 2004, the company explained. The sales of the cement company totalled US$85.32m. Cementos del Valle also announced it would invest US$7m in 2005 to boost operations. In 2004, the company invested US$563,010 in environmental protection.
Cementos del Valle sold 573,059t of cement in 2004, up 3.3 per cent of the initially set target.