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News CMS cement profit down in 2018 due to maintenance costs

CMS cement profit down in 2018 due to maintenance costs

Written by Global Cement staff 27 February 2019
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Malaysia: Cahya Mata Sarawak’s (CMS) sales from its cement division rose by 7% year-on-year to US$137m in 2019 from US$128m in 2017. Its operating profit fell by 11% to US$22.2m from US$24.9m. CMS attributed the drop in profit on repair costs from maintenance to its integrated plant at Kuching. Rising international clinker prices were also blamed.

Published in Global Cement News
Tagged under
  • Malaysia
  • Cahya Mata Sarawak
  • Results
  • CMS
  • GCW393

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