Tvornica Cementa Kakanj records 26% net profit increase

Bosnia’s Tvornica Cementa Kakanj (TCK) facility has recorded a 26.3 per cent YoY increase in net profit to BAM9.1m (US$5.4m) in the 1H18, according to its financial report. Operating revenue advanced 10.7 per cent to BAM35.6m, while operating costs also rose 6.4 per cent to BAM26.6m.

TCK is majority-owned by Dutch-based CEEM Investment, a unit of HeidelbergCement.