Khayah registers 105% growth in net sales

CEMENT manufacturer, Khayah Cement Limited (Khayah)’s net sales rose by about 105% to ZWL$240 billion in the year ended December 31, 2023, in line with improved production volumes.

In the comparative 2022 period, Khayah net sales were ZWL$117 billion.

In a 2023 trading update, Khayah said power constraints and a machine breakdown, particularly at the kiln, impacted negatively on both clinker, cement production and sales volumes, thus negatively affecting profit and cashflow.

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