Caribbean Cement Company Ltd (CCC) Mar 2020 (Q1) Earnings Review

Caribbean Cement Company Ltd (CCC) recently reported their March 2020 (Q1) results. Here are the highlights.

This is just a summary, but for more charts, ratios and other details visit CCC’s page here

This Quarter (2020Q1) vs Same Quarter Last Year

  • Net Revenue of $4.54b vs $4.45b (2.17%)
    Revenue flat YoY. Based on the revenue chart, you can see that their revenue has been mostly stable over the last few quarters. Revenue mostly from domestic sales
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    Recent News About Caribbean Cement Company Ltd

    Recent Discussions About Caribbean Cement Company Ltd

    • Another heavy-weight that pulled the market down today was #CCC, falling 16.2%, valued at over $60b and the largest company in the construction sector
    • Sounds good, anyone looking at #CCC or #SALF ? What would stop you form buying these now? Note, among other factors of course, both trading below their 52 week average
    • Today’s Money: The Masters Episode 13: Timar talks #JMMB, Sagicor #SJ and Carib Cement #CCC 

       

      In this episode of the Masters, Timar takes time out to discuss the outcome of his portfolio following activity from three of his major companies on his portfolio: Sagicor, JMMB and Carib Cement.

      Sagicor just bought Advantage General Insurance Company which will spell well for their bottom line. JMMB has offered additional shares to the market at a discounted price which definitely will impact Timar’s portfolio value.

      Lastly, Carib Cement is set to release their financial statements shortly. Timar took a risk on this stock, and is ready to determine whether it was worth it or not

    • Same with #CCC. Results out for days and we can’t get our hands on it. Only to realize its on their own website. JSE doesn’t care Bro simple as that… Or see the importance of their job 

      Not sure why they would put an ad out either instead of just putting the thing on the JSE’s website. Beats me

    • Drought will impact upcoming quarters they’re saying 

      Also, would this have affected #CCC?

      “The construction industry contracted by 1.0 per cent due to the winding down of several major infrastructural projects and delays in the start-up of new ones scheduled to commence during this year.”

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