Tokyo Cement posts steady results in Q2 as construction sector rebounds

TOKYO Cement Group (Tokyo Cement) has reported a turnover of Rs. 16,322 million and a Profit After Tax (PAT) of Rs. 1,003 million for the 2nd quarter ending 30 September, compared to a turnover of Rs. 13,833 million and a PAT of Rs. 1,082 million, in the same period last year.

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Whilst volume growth remained stable quarter-on-quarter, profit margins contracted with the capitalisation of the Trincomalee expansion projects.

In a statement, the company said the quarter started with renewed optimism, highlighting a sustained boom in construction activities. Manufacturers and suppliers of construction materials reported continued volume growth, supported by a stable pricing environment, which further propelled sectoral performance. Reflecting the industry’s steady recovery, September recorded the highest sales volumes in cement sales since the onset of the 2022 economic crisis. Another key enabler of this growth was the notably lesser rainfall experienced in 2025 compared to the previous two years, which allowed construction sites to operate relatively uninterrupted.