Thai Siam Cement expects 2008 sales to rise 10 per cent

Thai Siam Cement expects 2008 sales to rise 10 per cent
Published: 24 January 2008

Siam Cement PCL , Thailand’s top conglomerate, expects a 10 per cent rise in sales this year from 2007, chief executive Kan Trakulhoon said on Wednesday.  
 
He also told reporters the firm believed the domestic cement market bottomed out in 2007 and expected the new government would help restore investor confidence. 
 
The company reported a better-than-expected 23.5 per cent rise in quarterly profit as rising oil prices pushed up costs.