Zambia: Lafarge Zambia’s export volumes of cement and clinker rose by 53% year-on-year in 2016. Domestic sales volumes fell by 42%, its sales revenue fell by 43% to US$93,000 and its profit before tax dropped significantly to US$13,000. The cement producer added that power supply issues had adversely impacted production costs at its Chilanga and Ndola plants. The company is positive in its outlook for 2017 and it is supplying building materials to large infrastructure projects including the Kafue Gorge Lower and Kenneth Kaunda International Airport.
Lafarge Zambia pushes cement exports in 2016
Written by Global Cement staff
Published in
Global Cement News
Tagged under
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.
URL: https://www.globalcement.com/news/item/5936-lafarge-zambia-pushes-cement-exports-in-2016
© 2024 Pro Global Media Ltd. All rights reserved.