Cement News tagged under: Siam City Cement Co
Siam City Cement posts 1Q23 revenue of THB1188m in Vietnam26 July 2023, Published under Cement NewsThailand-based Siam City Cement Co (SCCC) has posted a revenue of THB1188m (US$34.5m) from its Siam City Cement Vietnam business in Vietnam in the first quarter of 2023. This represents a 33.6 per cent YoY drop. EBITDA of the Vietnamese operations was -THB52m in the 1Q23, compared with THB371m in the 1Q22. As a result, the EBITDA margin declined from 20.7 per cent in the 1Q22 to -4.4 in the 1Q23. However, signs of recovery have been seen, according to the company, with moderate growt... |
LafargeHolcim02 September 2016, Published under Cement NewsLafargeHolcim has agreed to sell its 65 per cent stake in LafargeHolcim Vietnam to Siam City Cement Company, assuming that the existing minority shareholder does not exercise its pre-emption rights. Based on a company value of CHF867m this values the deal at EUR516m. LafargeHolcim Vietnam has one integrated works and four grinding centres with a total capacity of 6.3Mta. The company also has seven ready-mixed concrete works in southern Vietnam. LafargeHolcim reached an agreement with... |
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