Bamburi Cement Annual Report and Financial Statements 2023
Bamburi Cement Annual Report and Financial Statements 2023
Report Summary
In fiscal year 2023, the company faced challenges due to increased taxation, fuel and power costs, and depreciating shilling. Despite these challenges, the company remained resilient and delivered exceptional performance. The company's growth in turnover was 6.3% higher than the previous year, largely due to effective commercial strategy execution, export sales volume growth, and pricing benefits.