Strong cement sales boost CMS quarterly earnings


KUCHING: Cahya Mata Sarawak Bhd’s (CMS) quarterly earnings have been bolstered by strong cement sales and supply of steel pipes to a government water project.

In the third quarter to Sept 30, 2014, the Sarawak conglomerate group’s pre-tax profit shot up to RM104.2mil, an increase of RM41.7mil or 67% from RM62.5mil a year ago on the back of higher revenue of RM413mil against RM335.4mil previously. Earnings per share improved to 6.97 sen from 4.03 sen.

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