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News Tokyo Cement increases sales and profit during first half of 2023 financial year

Tokyo Cement increases sales and profit during first half of 2023 financial year

Written by Global Cement staff 14 November 2022
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Sri Lanka: Tokyo Cement's consolidated sales rose by 34% year-on-year to US$82.8m during the first half of its 2023 financial year. Its cost of sales rose by less than 1% to US$50.8m. As such, the company recorded a profit for the period of US$10.1m, up by more than a factor of eight from first-half 2022 financial year levels.

Last modified on 16 November 2022
Published in Global Cement News
Tagged under
  • Sri Lanka
  • Tokyo Cement
  • Results
  • growth
  • costs
  • GCW583
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