Apr 2017 Financial News

Trinidad Cement Limited - Notice to Stakeholders - Cement Volume

Apr 27, 2017

Trinidad Cement Limited wishes to advise that the domestic gray cement volumes for the Group declined by six percent (6%) during the first quarter of 2017, on a like-to-like basis. This decline mainly reflects a general slowdown in the construction sector in Trinidad and Tobago, resulting from lower oil revenues in the country. In the case of Caribbean Cement Company Limited in Jamaica, there was growth in cement volumes, reflecting an increase in tourism and infrastructure activity. At Arawak Cement Company Limited in Barbados, cement volumes were driven by the residential and commercial sectors.

Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday April 27, 2017