Malaysia: Lafarge Malaysia reports first quarter pre-tax profit growth

Bymc2008

Updated Fri, 22 May 2015 14:22:09 GMT

Malaysia: Lafarge Malaysia's pre-tax profit for the first quarter of 2015, which ended on 31 March 2015, rose to US$27.6m from US$26.9m in the same quarter of 2014. Its revenue improved to US$193m from US$188m in the prior year due to higher cement and concrete sales in the domestic market on the back of market growth. The company expects the construction sector to continue to grow in 2015 driven mainly by the continued progress of key infrastructure projects and ongoing commercial and residential development.