Cement price war may escalate


YTL Corp subsidiary YTL Cement

PETALING JAYA: The price war in the cement industry could intensify should there not be much of a recovery in demand following the reduction in infrastructure projects following the 14th General Election (GE14).

According to CIMB Research, this is a potential negative for the earnings outlook of cement companies in the second half of the year.

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Business , CIMB Research , cement , price war , GE14

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