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Carib Cement quarterly profit falls by a third
Original: Carib Cement profit falls 1/3rd in third quarter, warns staff about El Niño Jamaica Gleaner http:// jamaica-gleaner.com/
Caribbean Cement Company reported a roughly one-third drop in profit for its third quarter, according to the Jamaica Gleaner. The company has also warned staff about potential impacts of the El Niño weather pattern, which is expected to affect operations and demand. The results point to pressure on Jamaica's construction materials sector amid challenging weather conditions.
Why now: The sharp profit decline and warnings about El Niño's economic impact are raising concerns about Jamaica's construction sector.
Caribbean Cement CompanyJamaica GleanerJamaica
Evidence
- Carib Cement profit falls 1/3rd in third quarter, warns staff about El Niño Jamaica Gleaner http:// jamaica-gleaner.com/article/bu siness/20261104/carib-cement-profit-falls-13rd-third-quarter-warns-staff-about-el-nino # Jamaica # Business · jamaicaneye@social.angozi.com · 2
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