Cement News tagged under: Carib Cement
Caribbean Cement sees 58% rise in 3Q net income01 November 2023, Published under Cement NewsJamaica’s Caribbean Cement Co , part of the TCL Group , reported revenues of JMD7bn (US$45.4m) in the third quarter of 2023, up 13.4 per cent YoY from JMD6.2bn. Operating earnings rose by 36.8 per cent to JMD2.6bn in the 3Q23 from JMD1.9bn as revenue increased and costs were contained due to a drive in operational efficiency. The company’s consolidated net income increased by 58.3 per cent from JMD1.2bn in the 3Q22 to JMD1.9bn in the 3Q23. |
Caribbean Cement Co explains cement shortage08 March 2023, Published under Cement NewsCaribbean Cement Co is apologising cement shortages in Jamaica. Hardware stores in Mandeville and Christiana in Manchester and Santa Cruz in St Elizabeth had no or limited cement available. However, the shortage is only expected to last a week. "We have begun to restart the kiln after a 40-day shutdown and we will begin to stabilise supply very soon. We are apologising to our customers for any issues that they may have been experiencing," said Chad Bryan, communication and social imp... |
Carib Cement implements temporary measures to address Jamaica cement shortage11 April 2017, Published under Cement NewsCarib Cement, Jamaica’s sole cement producer, has said it is implementing a number of measures to overcome a domestic cement shortage after mechanical problems in the packaging area caused operations to be disrupted. The cement producer has confirmed reports that had reached The Sunday Gleaner (Jamaica) of a shortage of cement on the Caribbean island. The daily newspaper had been informed by local hardware merchants and dealers that they have been unable to meet demand because of a lack of... |
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