Cemento Melon reports 14% decrease in 2017 sales
Chile’s Cemento Melon saw its sales decrease by 14 per cent to US$298m in 2017 from US$345m in 2016.
The company’s profit declined 54 per cent to US$14m from US$30m in 2015 due to lower sales of cement and concrete.
The company has attributed the slide by the poor performance of the country’s construction sector, which contracted by three per cent.
