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Cement maker cuts loss on lower costs

East Africa Portland Cement factory Athi River. [Wilberforce Okwiri, Standard]

East African Portland Cement Company (EAPCC) narrowed its loss by 35 per cent for the six months ended December 2020 on reduced administrative and selling costs.

This saw the listed firm, which has been rocked by boardroom squabbles, trim its losses to Sh1.04 billion from Sh1.6 billion at a similar period in 2019.

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