Lafarge facing stiff competition and higher costs, says Maybank IB Research


Lafarge is to supply concrete for the proposed Refinery and Petrochemicals Integrated Development (Rapid) project and other Petronas-related projects at Pengerang, Johor under Package 21D.

KUALA LUMPUR : Lafarge Malaysia's Bhd weaker first quarter earnings was reflective of the stiff competition and higher costs faced by players in the building materials segment, said Maybank IB Research.

 

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