Lafarge Q4 Profit Slips 10 Percent

21.02.2013
 

21 February 2013

 

Lafarge Q4 Profit Slips 10 Percent

 

PETALING JAYA: Lafarge Malayan Cement Bhd's fourth quarter net profit has declined 10% to RM105.72mil despite a 5% increase in revenue due to lower domestic cement selling price and a plant maintenance.

 

In a filing with Bursa, the company said its revenue for the quarter ended Dec 31, 2012 rose 5% to RM690mil from RM656.85mil a year ago while its profit fell 10% to RM105.72mil.