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International Cement posts 23% rise in 1H earnings to $6 mil on higher cement demand in Tajikistan

Samantha Chiew
Samantha Chiew • 2 min read
International Cement posts 23% rise in 1H earnings to $6 mil on higher cement demand in Tajikistan
International Cement posts 23% rise in 1H earnings
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International Cement Group (formerly Compact Metal Industries), a cement producer and distributor in the Central Asia region, announced that its 1H20 earnings have increased by some 23% to $6.0 million from $4.9 million in 1H19.

This translates to earnings per share of 0.1 cent, up from 0.09 cent last year.

This came on the back of a 9% increase in revenue to $63.1 million from $58.0 million a year ago, thanks to a 17% increase in cement sales driven by higher demand for cement in Tajikistan.

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