08 Thailand Siam Cement Sales Expected to Increase by 10%

2008-01-25 00:00:00

< DIV > According to Siam, the company's cumulative profit growth in the four quarters of 2007 was 23.5%, exceeding expectations, amid rising crude oil prices and production costs.

< DIV > The Siam Cement PCL is the largest group in Thailand. Kan Trakulhoon, the group's chief executive, said they hoped to increase sales by 10% in 2008 compared with 2007. He also told reporters: "The company is very confident that Thailand's domestic cement prices will rebound from the bottom; the new government will try to restore investor confidence in Thai investment.".

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Correlation

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CEMPI

98.29

-0.47 -0.48%

CONCPI

86.68

+0.08 +0.09%

CLKPI

101.41

-0.15 -0.15%

SPPI

41.63

+0.47 +1.14%

MORPI

71.83

0.00 0.00%

Beijing-Tianjin-Hebei Cement Price Index Fell 5.88 Points, Cement Prices in Many Places in Hebei Dropped 20-30 yuan/Ton

According to the big data of China Cement Network, on October 8, the Beijing-Tianjin-Hebei Cement Price Index fell 5.88 points from the previous trading day (September 30), closing at 347.10 points, or 1.67%, which was the largest change in the regional price index on that day; The North China Price Index fell 3.45 points, or 1.02%, on the same day, while the National Price Index fell 0.54 points, or 0.18%, while the East China, Central South, Southwest, Northwest, Northeast, Yangtze River and Pearl River-Xijiang Price Index were flat.