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EA Portland in red as loss widens to Sh1.2 billion

By Steve Mbego | 7yrs ago
East African Portland Cement premise in Athi River, Nairobi (PHOTO: Standard)

NAIROBI, KENYA: Trouble at the East African Portland Cement continues to widen with the cement maker reporting a Sh1.2 billion loss in half-year financial results ended December 31 2018 compared to Sh970 million recorded similar period previous year.

The company on Wednesday attributed the loss to a difficult business environment, sluggish market and production challenges.

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