YTL Corp net profit rises 9% in 3QFY21
YTL Corp Bhd recorded a nine per cent increase in its net profit to MYR93.5m (US$22.6m) for the third financial quarter ended 31 March 2021 (3QFY21), up from MYR85.4m in the pre...
South Asia
308 posts · Page 20 of 31
Cahya Mata Sarawak sees net profits of MYR77.8m in 1QFY21
Cahya Mata Sarawak Bhd (CMS) recorded a 3.5-fold higher net profit of MYR77.8m (US$18.8m) for the first quarter ended 31 March 2021 compared with MYR17.28m in the same period la...
Cambodia posts 49% fall in imports in 2020
Cambodia saw the value of its cement imports fall 48.6 per cent YoY to US$66.25m in 2020, compared to US$128.86m in the previous year, according to the Ministry of Commerce. Imp...
Republic Cement launches AI tool to optimise raw mix
Philippines-based Republic Cement is rolling out a new AI tool to all its cement plants to reduce its CO 2 emissions and produce a stronger cement. The tool will optimise concen...
YTL Cement to consolidate Malaysian cement businesses
YTL Cement (YTL Corp) has signed an agreement to sell its entire cement and RMC operations in Malaysia to its 76.98 per cent subsidiary Malayan Cement for a MYR5.16bn (US$1.25bn...
SCG's 1Q21 cement and building products revenue up 15% QoQ
Thailand-based Siam Cement Group has seen revenue from its cement and building products business reach THB46,185m in the 1Q21, an increase of 15 per cent compared to the previou...
Republic Cement expects domestic demand recovery
Republic Cement of the Philippines has said the domestic cement industry is on course to return to pre-pandemic levels this year as home builders support sales, amid lower deman...
Philippines' DTI to begin anti-dumping investigation into Vietnamese imports
The Philippines’ Department of Trade and Industry is expected to begin investigating allegations of cement dumping from Vietnam, following applications by three local manufactur...
Holcim Philippines reports 81% rise in net income
Holcim Philippines reported an 81 per cent rise in net income to PHP909.35m (US$18.79m) in the first quarter of 2021, compared to PHP501.54m in the year-ago period. However, rev...
Malaysia: budget for the future Premium
Malaysia’s cement market has seen consumption slow in recent years due to political uncertainty and a mature residential market. Although COVID-19 stifled output in the 1H20, a ...