International Cement: Delivers FY2020 Net Profit Of S$9 Million, Which Includes S$10.7 Million In Forex Losses.

25 Feb 2021 17:35

Excluding foreign exchange losses, the group would have registered a net profit attributable to shareholders of S$19.7 million in FY2020, compared to S$15.7 million a year ago. Group revenue rose 8% to S$141.6 million in FY2020 driven by strong demand for cement in Tajikistan, as well as the commencement of sales in 2H20 at its new cement plant in Kazakhstan...

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