Bamburi Cement Group has published its half year unaudited financial statements in which it posted strong growth in both topline and pretax profit. Compared to the first half of 2020, topline grew by 21% while pretax profit grew more than five times over, to Kes 1.1 billion, up from Kes 213 million reported in the […]
Tag: bamburi cement
Kenya: Bamburi Cement Posts Sh1.1bn in 1h21 Pretax Profit
Nairobi — Bamburi Cement Group has posted strong growth in both topline and pretax profit. Compared to the first half of 2020, topline grew by 21 percent while pretax profit grew more than five times over, to Sh1.1 billion, up from Sh213 million reported in the same period last year. The cement maker attributes the […]
Bamburi Cement lands mega state contracts
Bamburi Cement factory in Athi River. PHOTO | FILE Bamburi Cement has secured lucrative government contracts for the supply of cement for key infrastructure projects in the region as part of efforts to staying afloat in a competitive cement market that has seen its net profit drop by 80 percent in five years, with shareholders […]
Kenya: Bamburi Cement launches Houses of Tomorrow innovative project
Houses of Tomorrow Houses of Tomorrow (HoT), an innovative and green construction project, has been launched in Kenya by Bamburi Cement limited , an industrial company in the East African country specializing in cement and concrete production, in a bid to fulfill its sustainable construction agenda through low-carbon based building solutions. The project involves careful […]
Bamburi Cement : sustains a strong showing in first half of 2021 by posting growth in both topline and pretax profit
Bamburi Cement Group has today published its half year unaudited Financial Statements where it posted strong growth in both topline and pretax profit. Compared to first half of 2020, topline grew by 21% while pretax profit grew more than five times over, to Kes 1.1 billion, up from Kes 213 million reported in the same […]
Bamburi Profit Rises 416% as Market Recovers From Covid-19
A truck leaves the Bamburi Cement factory. PHOTO | FILE Bamburi Cement Plc’s profit rose 416% in the first half of 2021, with turnover rising by nearly a quarter as domestic and export markets recovered from the adverse effects of Covid-19. The company said on Thursday that its revenue grew 21% in the six months […]
Top 5 Gainers, Losers And Movers At The NSE On Tuesday
Top gainers The top 5 gainers of the day at the Nairobi Securities Exchange (NSE) were Stanbic Holdings, Stanlib Fahari Income – REIT, Sasini, Bamburi Cement, and Carbacid Investments. Stanbic Holdings gained 3.76 percent at the price of 89.75 shillings per share followed by Stanlib Fahari Income – REIT with 2.65 percent at the price […]
The lowest priced cement manufacturer in Kenya
Getting the lowest priced cement in Kenya is one of the key factors that can lower the overall cost of a building project and so here is an indication of the current price of the key brands available in the market today. The price of a 50kg bag of normal cement in Kenya has in […]
Cement Firm Surrenders Sh6bn Land to Stop KCB Auctioneers
Auctioneers hammer. PHOTO | FILE East Africa Portland Cement Company has surrendered to KCB Bank a parcel of land that was used to secure a Sh3.3 billion loan from the lender as it seeks to stop a looming auction. The cash-strapped cement company has been struggling to find a buyer for 2,076 acres of land […]
Bamburi Cement changes name to ‘Bamburi Cement PLC’
Bamburi Cement has changed its name from Bamburi Cement Limited to Bamburi Cement PLC, following registration of the new name in line with provisions of the Section 53 of the Companies Act 2015, that requires companies that are both a limited company and a public company to be registered with a name that ends with […]