Loma Negra: sales fell 30% in the first semester

Sales of Loma Negra, Argentina’s leading cement producer, fell by 30% in the first half of the year, mainly due to the drop in construction activity as a result of the coronavirus pandemic. The firm went from 22.29 billion pesos ($305.6 mn) in the first half of 2019 to 15.63 billion pesos ($214.35 mn) achieved in the same period in 2020.

Source: Ámbito