Read this in The Manila Times digital edition.
EAGLE Cement Corp. (ECC) generated net sales of P13.68 billion for the first half of 2022, a 24-percent growth from the P11.06 billion in the corresponding period last year. The increase was attributed to higher sales volume and average selling price, combined with additional revenue contribution from its subsidiary, Solid North Mineral Corp.
However, despite the increase in sales volume and higher selling price, Eagle Cement registered a 20-percent drop in net income on a year-on-year basis.
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