Siam Cement 1Q net profit drops

Siam Cement 1Q net profit drops
Published: 26 April 2012

Tagged Under: Siam Cement Thailand 

 Siam Cement said Wednesday its first quarter net profit fell 35% from a year earlier mainly because higher cost and lower income from affiliates.

The company posted a net profit of THB5.97bn (US$192.6m), compared with THB9.21bn a year earlier, according to a filing with the Stock Exchange of Thailand.