ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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ACC-Depressed Market

Depressed Market CEMENT major ACC (Associated Cement Companies) saw a dismal performance in 1997-98. While the company's net sales fell by 3.5 per cent, the company's operating profit was lower by 36 per cent over the previous year and net profit plummeted drastically by 82.1 per cent. The adverse impact of unremu- nerative prices affected the company's bottomIine.

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