In a research note published this morning, the analyst mentions that the company’s profitability is expected to decline, with the Indian cement industry headed for a situation of overcapacity in FY09 and FY10. Ultratech Cement’s volume expansion and cost control initiatives appear to be too late, the analyst says.
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...