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PETALING JAYA: The revival of domestic cement demand since mid-August and the subsequent sharp rise in average selling prices (ASPs) have given a boost to Malayan Cement Bhd
’s (MCement) turnaround prospects.
RHB Research Institute expects the second quarter (Q2) ending Dec 31, 2021 to likely be a breakeven period for MCement, on a quarter-on-quarter (q-o-q) basis.
