Kenya: East African Portland Cement reports 1H16-17 pretax loss

In the first half of the FY16-17 ended December 2016 East African Portland Cement Co (EAPCC) has reported a pretax loss of KES533.7m (US$5.2m), an improvement when compared with the loss of KES745m reported a year ago.

Revenues in the first half fell from KES4.62bn to KES3.72bn.

EAPCC operates a 1.14Mt cement plant at Athi River and also owns downstream concrete activities. It is Kenya's fourth-largest cement producer after Lafarge Bamburi, Mombasa Cement and Savannah Cement.