Cement News tagged under: SCC
Thailand: Siam City Cement profit down 14.5 %14 February 2017, Published under Cement NewsSiam City Cement (SCC) reported a 2016 net profit of THB3.9bn (US$111.45m), down 14.5 per cent YoY due to difficult trading conditions in Thailand. One-time costs of THB304m associated with acquisitions offset by favourable coal prices, electricity tariff rates and the sale of its stake in Holcim Cement (Bangladesh) Ltd also contributed to the profit drop. Siva Mahasandana, CEO of SCC, said the company's strategy to expand the business through key investments in Thailand and nearby reg... |
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