Yesterday, Fitch said it may upgrade the credit ratings of the major European construction materials makers. The credit rating agency expects a gradual improvement in the construction sector over the next 24 months. Lafarge has a long-term Issuer Default Rating (IDR) of BBB-, with a "negative outlook" from Fitch Ratings.
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...