The outlook for Brazil’s Votorantim Cimentos has been downgraded from positive to negative by Moody’s Investors Service. However, the Ba1 rating for the company has been affirmed.
The credit ratings agency has also downgraded the outlook for Votorantim Cimentos’ subsidiary St Marys Cement to negative from positive.
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...