Cement News tagged under: Tasek Corp

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Tasek second quarter earnings fall, Malaysia

27 July 2012, Published under Cement News

Tasek Corp Bhd of Malaysia reported a 4.4 per cent fall in second quarter earnings to MYR23.13m (US$7.3m) from MYR24.21m a year ago. Revenues were flat at MYR139.73m compared with MYR138.57m.The slightly higher group revenue was attributed to the cement segment but was offset by the weak performance of the concrete division. "The cement segment registered a higher operating profit of MYR23.4m in the current quarter as compared with MYR21.8m in the previous year's corresponding quarter....