Cement News tagged under: Siam City Cement

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Siam City Cement 2012 growth forecast

06 February 2012, Published under Cement News

Siam City Cement Co (SCCC), Thailand’s second largest cement producer, posted 4Q11 net profit of THB252m, down 55.3 per cent YoY and 70.9 per cent QoQ. The decline is attributed to lower export sales and higher operating costs due to the Thai flooding, extra expenses from deferred tax adjustments of THB291m and extra expenses from reassessment of employees' pension of Bt150m. For 2012, analysts at TISCO Securities expect Siam City Cement’s profit to rise 27 per cent thanks to expected five ...