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CIMERWA posts end of year revenue of RWF92.1bn

07 December 2022, Published under Cement News

CIMERWA Plc 's year-end financial results recorded revenue of RWF92.1bn (US$84.6m) in 2022, 37 per cent above the previous year.     “This is mainly attributed to the optimisation of our production processes, cost savings initiatives and the effective execution of our route-to-market strategy for both our domestic and export markets,” said John Bugunya, CFO of CIMERWA Plc. “Our Profit Before Tax stood at RWF16.9bn, a significant improvement of 212 per cent compared to the prior year. ...