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News Cahya Mata Sarawak’s profit slips in first half of 2020

Cahya Mata Sarawak’s profit slips in first half of 2020

Written by Global Cement staff 27 August 2020
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Malaysia: Cahya Mata Sarawak recorded a profit of US$8.72m in the first half of 2020, down by 63% year-on-year from US$23.4m in the first half of 2019. Total sales declined by 40% to US$117m from US$196m. Cement sales also declined, by 31% to US$46.8m from US$68.1m. The company attributed this to the impacts of the coronavirus lockdown.

Last modified on 02 September 2020
Published in Global Cement News
Tagged under
  • Malaysia
  • Cahya Mata Sarawak
  • Results
  • Profit
  • Sales
  • coronavirus
  • lockdown
  • GCW471

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