9th Oct 2020 11:57
Steppe Cement Ltd - Kazakhstan-focused construction materials firm - For the third quarter of 2020, revenue was up 5% to KZT11.11 billion, around USD26.0 million, from KZT10.56 billion. For the first nine months of 2020, revenue increased by 1% to KZT24.80 billion from KZT24.64 billion the prior year.
Sales volumes for the quarter was down 4% year-on-year to 556,162 tonnes, and was down 3% for the nine month period at 1.32 million tonnes. The average price for delivered cement rose to KZT18,841 per tonne for the nine-month period from KZT18,157 the year before.
Current stock price: 26.00 pence
Year-to-date change: down 64%
By Dayo Laniyan; [email protected]
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