Cement News tagged under: Cahya Mata Serawak

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CMS sees 1Q revenues up by 6%

23 May 2022, Published under Cement News

Malaysia-based Cahya Mata Sarawak Berhad (CMS) reported a revenue of MYR214.04m for the first quarter ended 31 March 2022, up six per cent YoY from MYR202.06m. Profit before tax improved to MYR83.86m in the 1Q22 from MYR82.56m in the 1Q21 due to a better performance by the Cement and Road Maintenance businesses and a higher share of results of associates by MYR15.42m. Although higher raw material costs and global supply chain constraints challenged the company’s operations, key initiat...