Siam Cement 1Q net down

Siam Cement 1Q net down
26 April 2006


Siam Cement PCL said Wednesday its net profit in the first quarter dropped slightly on year, as lower taxes were offset by weak operating results. In the January-March quarter, the company recorded a net profit of THB9.55 billion, or THB7.95 a share, compared with THB10.00 billion, or THB8.33 a share. The earnings were however reportedly higher than analysts’ expectations. Published under Cement News