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News Shree Cement’s profit before tax suffers from power costs

Shree Cement’s profit before tax suffers from power costs

Written by Global Cement staff 23 January 2019
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India: Shree Cement’s income rose by 15% year-on-year to US$1.18bn for the first nine months of 2018 from US$1.07bn in the same period in 2017. However, its profit before tax fell by 50% to US$95.2m from US$192m. This was mainly due to rising power and fuel costs and logistic expenses.

Last modified on 23 January 2019
Published in Global Cement News
Tagged under
  • India
  • Shree Cement
  • Results
  • GCW388

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