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IN BRIEF: Cement Price Increase Aids Steppe Cement Annual Revenue Rise

11th Jan 2021 12:28

Steppe Cement Ltd - Kazakhstan-focused construction materials firm - For 2020, revenue was up 1% to KZT30.96 billion, around GBP54.7 million, from KZT30.53 billion in 2019. Sales volumes for the year came to 1.6 million tonnes, down 4.1% from 1.7 million tonnes the year prior. However, the average price for delivered cement was up 5.7% to KZT18,811 per tonne from KZT17,796

Current stock price: 31.68 pence

Year-to-date change: down 1.0%

By Ife Taiwo; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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