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business.inquirer.net Cemex posted P930-M net loss in ’18

Cement maker Cemex Holdings Philippines Inc. incurred a 2018 net loss of P930 million, a reversal of the previous year's net profit of P658.8 million, due to lower operating cash flow, higher income tax expenses and larger foreign exchange losses.

 

For the fourth quarter alone, Cemex incurred a larger net loss attributable to equity holders amounting to P325 million, compared to a net loss of…
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