Uzbekistan’s Kuvasaycement sees 3% revenue increase

Kuvaysaycement JSC saw its revenues increase by 3.4 per cent in the first nine months of 2017 to UZS236.7bn.

However, the company saw its cost of production increase by 7.5 per ent to UZS93.5bn during the period. EBITDA fell by 34.1 per cent to UZS81bn.

Kuvaysaycement produces sulphate-resistant Portland cement SSPTS 400 D20, Portland cement with mineral additive PC 400 D20 as well as Portland cement for the production of asbestos cement products.