Cement News tagged under: Trinidad Cement Co Ltd

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TCL reports second consecutive year of record revenues

11 March 2016, Published under Cement News

Trinidad Cement Co Ltd said it recorded its highest ever revenue of TTD2.1bn (US$319m), an increase of TTD12.4m compared to a year earlier despite facing increased competition. The increase represents the second consecutive year of record revenues The 2015 revenue growth was mainly driven by a 12 per cent rise in cement sales volumes in Jamaica and a 16 per cent increase in clinker sales volumes. Profit after tax amounted to TTD428.7m compared with losses of TTD211m in the prior year w...