ACC Cement Profit Dips
ACC Cement in its quarterly report reveals a downward movement in its net profit of Rs.133.5 crores, 45% over the corresponding period last year. Last years figures stood at a healthy Rs.243.2 crores.
ACC Cement in its statement attributed subdued cement demand and challenging cement market conditions for its poor showing.
The report goes on further to state that higher competition in the cement markets due to surplus cement production capacities lead to cement prices being volatile.
Poor investment in infrastructure and housing lead to weak demand for cement, while overall construction activities remained dull and lacklustre.
ACC Cement
ACC Cement Sales
ACC Cement Sales Performance
ACC Cement Markets
ACC Cement in its quarterly report reveals a downward movement in its net profit of Rs.133.5 crores, 45% over the corresponding period last year. Last years figures stood at a healthy Rs.243.2 crores.
ACC Cement in its statement attributed subdued cement demand and challenging cement market conditions for its poor showing.
The report goes on further to state that higher competition in the cement markets due to surplus cement production capacities lead to cement prices being volatile.
Poor investment in infrastructure and housing lead to weak demand for cement, while overall construction activities remained dull and lacklustre.
ACC Cement
ACC Cement Sales
ACC Cement Sales Performance
ACC Cement Markets
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