"With strong GDP growth and rising capex, we find it hard to see Indonesia cement demand faltering"; adds while stock trades just below its price target, eyes upside risk toward bull-case value of IDR22,000 on strong earnings momentum, rising Indonesian stock market.
Malayan Cement FY26 net profit rises 34%
Malayan Cement Bhd reported a 34.3 per cent increase in net profit to MYR903.17m (US$214m) for...