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TRINIDAD Cement Ltd (TCL) has reported a strong start to 2025, posting a net profit attributable to shareholders of $25.8 million for the first quarter ended March 31.
In its unaudited financial statements published on the TT Stock Exchange website on May 1, TCL said this marks a significant turnaround from the $7.5 million loss recorded in the same period last year, as the company benefited from higher revenues and ongoing cost management initiatives.
The increase in profits comes amid multiple price increases, the latest being in February 17 when the company announced a seven per cent increase in cement prices.
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