Siam City Cement recorded a THB 7.8 billion (€182 million) of net sales for the second quarter of 2014, a year-on-year growth of 4.4%, although Thailand’s second biggest cement producer recorded a 9% year-on-year decline for its second quarter net profit to reach THB 1.47 billion due to equities revenue from its associated companies having dropped and losses from foreign exchange.
For the first six months of 2014 the company’s sales grew by 10% to THB 16.5 billion while net profit was THB 3.38 billion, a
Siam City Cement recorded a THB 7.8 billion (€182 million) of net sales for the second quarter of 2014, a year-on-year growth of 4.4%, although Thailand’s second biggest cement producer recorded a 9% year-on-year decline for its second quarter net profit to reach THB 1.47 billion due to equities revenue from its associated companies having dropped and losses from foreign exchange.
For the first six months of 2014 the company’s sales grew by 10% to THB 16.5 billion while net profit was THB 3.38 billion, an increase of 19.2% year-on-year.
