For the financial year (FY) ended December 2020, Caribbean Cement Company Limited earned net profits of $3.2B which represented an increase of 69.7% or $1.3B when compared to the $1.9B in profits the company generated in the prior FY. The improved profit outturn came largely as a result of higher volumes sold and cost containment measures which improved gross and operating margins. The performance over the current period was also influenced by lower financial expenses amidst a lower debt stoc...
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