Brief: Steppe Cement Says Market Demand In 2022 Continues To Be Strong
13/06/2022 07:11
June 13 (Reuters) - Steppe Cement Ltd STCM.L :
* STEPPE-IN 2021, NET PROFIT OF USD17 MILLION, EBITDA UP TO
USD31.5 MILLION FROM USD24.2 MILLION IN 2020 MOSTLY DUE TO
BIGGER VOLUMES AND 13% HIGHER PRICES IN KZT
* STEPPE CEMENT LTD - MARKET DEMAND IN 2022 CONTINUES TO BE
STRONG
* STEPPE - ON BACK OF MARKET GROWTH, STEPPE CEMENT'S AVERAGE
CEMENT SELLING PRICES INCREASED BY 13% IN KZT AND 10% IN USD, TO
USD50 PER TONNE DELIVERED
Source text for Eikon: ID:nRSM6047Oa
Further company coverage: STCM.L
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