TITLE

High costs see Siam Cement profit fall

AUTHOR(S)
Lazell, Mark
PUB. DATE
May 2006
SOURCE
ICIS Chemical Business;5/1/2006, Vol. 1 Issue 17, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decline in consolidated first quarter net profit of Siam Cement, Thailand's largest conglomerate. Net profit in the quarter ended March 31, 2006 fell Baht9.5bn while operating profit was only 0.1 percent higher at Baht9.31bn. The company's core cement business posted an 11 percent increase in first quarter sales. Ebitda fell 5 percent because of higher energy and wood prices.
ACCESSION #
20864658

 

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