CMS cement profit down in 2018 due to maintenance costs

Print this page

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.

URL: https://globalcement.com/news/item/8861-cms-cement-profit-down-in-2018-due-to-maintenance-costs

© 2021 Pro Global Media Ltd. All rights reserved.