New

Siam Cement Group Building materials Division’s sales fall by 4% to US$4.9bn in 2016



Siam Cement Group’s Building Materials division’s sales revenue fell by 4% year-on-year to US$4.9bn in 2016. Its profit fell by 17% to US$241m. It blamed the falling sales and profit on increased competition, falling earnings before interest, taxation, depreciation and amortisation (EBITDA) and increased depreciation expenses. Overall, across the group’s chemical and packaging division, sales revenue fell but profits rose in 2016 driven by the chemical business.Roongrote Rangsiyopash, the president and chief executive officer of Siam Cement Group, said the company is focusing on expansion strategies within the Association of Southeast Asian Nations (ASEAN) region. Its 1.8Mt/yr cement plant in Myanmar started commercial production in early 2017 and a cement plant in Laos is undergoing commissioning.




"The conference is very interesting. A good opportunity to talk about industrial housebuilding with professionals from all over the world. This was my first paper presented in Russia ...
"It was a great conference. People are good, value is great and organisation is great! The event was well organised and the conference proceedings excellent as it included carefully ...

Media partners