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Steppe Cement ( (GB:STCM) ) has shared an announcement.
Steppe Cement Limited reported a 5% increase in revenue for 2024, reaching KZT 39,244 million, and a similar rise in cement sales volume, with 1.71 million tonnes sold domestically. The company’s market share in Kazakhstan grew slightly to 14.5%, and it successfully completed a key production modification that increased clinker production, positioning it for continued growth despite a challenging economic environment with fluctuating exchange rates and inflation.
More about Steppe Cement
Steppe Cement Limited is a Kazakh cement producer focused on the domestic market, particularly in Central Kazakhstan. The company primarily produces and sells cement and has been actively enhancing its production capabilities to strengthen its market presence.
YTD Price Performance: 0%
Average Trading Volume: 71,874
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £33.95M
Learn more about STCM stock on TipRanks’ Stock Analysis page.
