PETALING JAYA: Cahya Mata Sarawak Bhd
(CMSB), which posted a 71% year-on-year rise in net profit for the fourth quarter ended Dec 31, 2023 (4Q23), is expected to see improvement in earnings this year due to rapid construction job flows in Sarawak.
As the company is the state’s sole cement producer, analysts are upbeat that CMSB stands in a good position to capitalise on the state’s ongoing economic development.
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