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East African Portland Cement swings into half-year loss

East African Portland Cement swung to a first-half loss after a maintenance shutdown of its packing and clinker units but the Kenyan firm said it hoped to recover its market share after the repairs.

The company reported a pretax loss of 124 million shillings ($1.36 million) for the six months to end of December, against a profit of 171 million shillings in the same period in 2013.

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