Bamburi Cement sees operating profit fall to KES0.8bn in 2018

Bamburi Cement (LafargeHolcim) has reported that operating profit fell to KES0.8bn (US$7.92m) in the 2018, from KES4.2bn in 2017.

The decline was attributed to higher energy costs in power, coal and petcoke as well as price rises in raw materials and imported clinker.

However, group turnover grew by 3.7 per cent from KES36bn in 2017 to KES37.2bn in 2018.