[Original] Siam Cement, Thailand: Revenue Increases by 12% in 2014, Exports Account for 30%

   Recently, Siam Cement, the largest cement producer in Thailand, announced its performance report for 2014. Total profits fell 18% in 2014, despite a 12% increase in sales, due to a lack of non-recurring gains like those in 2013. The growth of sales revenue benefited from the export strategy adopted by the Group in a timely manner, which avoided the domestic depressed cement market. The report also points out that 2015 will be a "golden age" for Southeast Asian economies.

   In 2014, Siam's export sales revenue increased by 26% year-on-year, accounting for 30% of the group's total sales revenue. Total sales revenue of the cement business increased by 6%, benefiting from the opening of the Association of Southeast Asian Nations (ASEAN).