Thailand: Siam Cement 3Q net profit down

Thailand: Siam Cement 3Q net profit down
Published: 27 October 2010

Siam Cement (SCC) , Thailand’s biggest industrial conglomerate, posted a 6.2 per cent fall in quarterly net profit on Wednesday, weighed down by lower profits from its cement and petrochemical businesses.

Siam Cement reported a net profit of THB6.56bn (US$219.6m), or THB5.46/share, in the quarter ended September 30, down from THB6.99bn a year earlier.