Monarch Cement Co reported a decline in sales but maintained solid profitability in its 2025 annual results, reflecting mixed market conditions.
Net sales fell to US$248.3m, down from US$268.1m in 2024, primarily due to a sharp reduction in ready-mixed concrete volumes, although cement sales increased slightly on both volume and pricing.
Net income declined modestly to US$64.6m (2024: US$66.1m), while gross profit also decreased, as higher production costs in the cement business offset lower overall cost of sales.
The company highlighted a 0.7 per cent increase in cement volumes and continued price improvements, contrasting with a 33.4 per cent drop in ready-mix volumes, reflecting weaker construction demand in that segment.
Despite these headwinds, Monarch Cement emphasised the strength of its operations and long-term strategy, supported by ongoing capital investment, including a new blending silo project expected to enhance efficiency and product quality when completed in 2026.
Handpicked stories, in your inbox
Our editors pick the top news delivered to your inbox. Sign-up today!