Owing to the rising energy and raw material cost, Thailand's biggest conglomerate, Siam Cement PCL SCC.BK (SCC) is slated to highlight a Q2 operating earnings rise by minimal 2.7%. The higher energy aand raw stock costs were offset by the increase in selling prices thereby meagerly increasing the profit margins of its major petrochemical, cement and paper businesses.
For more details on Supplies from Middle East to push SCC's H2 petrochem margins downhill click here
Tuesday, July 22, 2008
Supplies from Middle East to push SCC's H2 petrochem margins downhill
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