Cement, materials to drive Cahya Mata earnings

PETALING JAYA: While Cahya Mata Sarawak Bhd’s phosphate operations remain lacklustre, its cement and construction material operations will likely see an encouraging recovery on the back of an anticipated growth in Sarawak’s economy.

The company, whose business interests are in cement manufacturing, construction, road maintenance, building materials and property development, is also expected to see some earnings contribution from its 75%-owned Oiltools International Sdn Bhd.