Cement News tagged under: Caha Mata Sarawak Berhad
Cahya Mata Sarawak defends its cement pricing06 July 2018, Published under Cement NewsIn response to a motion moved by Pujut Assembly man Ting Tiong Choon, Cahya Mata Sarawak Bhd (CMS) says that it is incorrect to say the company has a monopoly over the production and sale of cement in Sarawak, Malaysia. CMS stated that contrary to the assertion made by Ting that since June 2016, one bag of 50kg cement is sold at MYR21.50 (US$5.32) in Sarawak, but at MYR17.30 (US$4.28) in Sabah, the true figure quoted by the Malaysian Department of Statistics is MYR20.37 for a 50kg bag of... |
Cahya Mata Sarawak's stable transition06 April 2018, Published under Cement NewsThis week, Malaysia-based Cahya Mata Sarawak Berhad (CMS) reported FY17 revenues up four per cent at MYR11.16bn (US$415.7m). Revenues improved with the first full year operation of the company's 1Mta grinding section, which has converted its clinker plant at Mambong, outside Kuching, to an integrated works. Opened in November 2016, the MYR190m facility has raised CMS's overall cement capacity by 60 per cent to 2.75Mta ( read the full article in ICR May 2017.) There also has been a struct... |
CMS records 4% increase in revenue for 201730 March 2018, Published under Cement NewsMalaysia-based Cahya Mata Sarawak Berhad (CMS) has released its results for the full-year 2017 period, recording a 4 per cent YoY increase in revenue to MYR1.61bn (US$415.67m) from MYR1.55bn. The group also announced a 26 per cent rise in profit after tax and non-controlling interests (PACNI), to MYR213.21m from MYR169.18m. The cement division was amongst the main contributors to the group's revenue, despite revenue of the divison falling 7.5 per cent YoY to MYR520.91m (2016: MYR563.07m). ... |
Malaysia: CMSB 1H16 cement profits down 24%01 September 2016, Published under Cement NewsCahya Mata Sarawak Berhad (CMSB) has announced its earnings figures for the first half of 2016, including those of its cement division. This recorded a pretax profit of MYR41.7m (US$10.2m) on revenues of MYR275m. Both figures were down on those from the same period in 2015, with profits falling by 24 per cent and revenues 6.6 per cent lower. Profits fell faster than revenues due to CMSB’s increased reliance on imported clinker following plant shutdowns and the falling value of the ringgit... |
CMS sees strong start to the year, Malaysia18 June 2015, Published under Cement NewsCaha Mata Sarawak Bhd (CMS) reported a total revenue of MYR491m (US$132.3m) for the first quarter of 2015, an increase of 32 per cent from MYR373.24m a year earlier. Pretax profit of MYR95.01m in 1Q15 was 44 per cent up on the MYR66.19m in 1Q14. Profit after tax and non-controlling interests increased by 48 per cent to MYR57.42m from MYR38.9m in 1Q14. Earnings per share stood at 5.52 sen versus 3.81 sen (adjusted for share split and a bonus issue in June 2014) from the corresponding perio... |
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