Caribbean Cement increased sales in Q1 2017.
Sale of cement rose in Jamaica but fell in the twin island state of Trinidad and Tobago in the first quarter of this year, a report from Trinidad Cement (TCL) reported.
According to the company, “Domestic gray cement volume sales declined by 6 percent for the group during the first quarter of 2017.” “The decline mainly reflects a general slowdown in due construction sector in Trinidad and Tobago market, Trinidad Cement advised investors in a release to the Trinidad Stock Exchange.”
“Volumes in Jamaica grew, the company stated, reflecting an increase in tourism and infrastructure activity. At Arawak Cement in Barbados, cement volumes were driven by the residential and commercial sector.”
