Siam City Cement Q3 net profit down

Siam City Cement Q3 net profit down
Published: 14 November 2008

Siam City Cement (SCCC) , Thailand’s second biggest cement maker, said on Thursday its third-quarter earnings fell 2.6 per cent, matching analysts’ forecasts, amid weaker cement demand.

It posted a net profit of THB714.9m (US$20.45m) for the three months to end-September, down from a revised
THB733.96m in the same period last year and from THB768m in the previous quarter.