Construction sectors lift cement maker’s profit

Optimistic: Curtis says the better results due to strong local demand.

KUCHING: Conglomerate Cahya Mata Sarawak Bhd (CMS) has chalked up sterling quarterly results, largely bolstered by the strong performance of its construction materials and trading business as well as construction and road maintenance business.

For first quarter ended March 31, 2015, group revenue soared by 32% to RM491mil from RM373mil in the previous corresponding period, lifting group pre-tax profit by 44% to RM95mil from RM66.2mil.