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Bamburi Cement records 72 percent drop in operating profit

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Bamburi Cement limited recorded 72 percent drop in operating profit during the first six months of this year from to 332 million shillings from 1.2 billion shillings that has been attributed to higher cost of electricity and fuel prices as well as a drop in cement uptake by the standard gauge railway compared to a similar period last year. However, a tax credit of 370 million shillings helped lift the cement maker’s net profit to 393 million shillings.
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