KUALA LUMPUR: Malayan Cement Bhd
may be seeing an earnings turnaround in 2020 despite operating in a challenging cement market, says Affin Hwang Capital research.
The research house said in a note that the price of cement improved to about RM210-230 per metric tonne in October from RM190 per metric tonne in September due to more rational pricing post-consolidation in the industry.
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