Caribbean Cement Company achieved a net profit of $5.9 billion for its December year-end, a 6.7% increase from the previous year.
This growth came despite disruptions caused by Hurricane Beryl and other adverse weather conditions that affected cement production and resulted in lost sales.
The company's revenues rose by 2.3% to $27.9 billion, driven by strong market demand.
Additionally, the gross profit margin improved slightly to 41.5% from 40.8% in 2023.
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