Malaysia: Malayan Cement’s net profit rose by 45% year-on-year to US$31.4m for the first quarter of the 2025 financial year ending 30 September 2024, up from US$21.6m in the same period in 2023. Revenue increased by 3% year-on-year to US$264m from around US$257m. The company stated that its ready-mixed concrete segment had contributed a higher share of revenue due to heightened demand for concrete products. It anticipates continued domestic demand and plans to increase export capacities, especially at its Langkawi plant.
Malayan Cement records rise in profit in the first quarter of 2025 financial year
URL: https://www.globalcement.com/news/item/18143-malayan-cement-records-rise-in-profit-in-the-first-quarter-of-2025-financial-year
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