Company Overview of YTL Cement Bhd
YTL Cement Berhad, an investment holding company, engages in the manufacture, sale, and supply of cementitious products and other related construction products in Malaysia and internationally. It offers ordinary Portland cement, pozzolanic pulverized, fly ash cement, Portland composite cement, ground granulated blast furnace slag, high slag blast furnace slag, and Portland blast furnace cement, as well as blended cement, clinker, and related products. The company also engages in the manufacture and sale of ready-mixed concrete and related products; hiring of vehicles; manufacture of granite blocks, aggregates, chippings, and crusher runs; manufacture, sale, and distribution of premix product...
Yeoh Tiong Lay Plaza
55 Jalan Bukit Bintang
Kuala Lumpur, 55100
Key Executives for YTL Cement Bhd
Executive Chairman and Director of YTL Industries Berhad
Compensation as of Fiscal Year 2013.
YTL Cement Bhd Key Developments
YTL Cement Bhd Incorporates Wholly-Owned Subsidiary, YTL Cement (Myanmar) Pte Ltd in Singapore
Jul 24 13
YTL Cement Berhad, has incorporated a wholly-owned subsidiary, YTL Cement (Myanmar) Pte Ltd. in Singapore on July 24, 2013. YTL Cement (Myanmar) Pte Ltd. was incorporated for the purpose of undertaking the business of investment holding.
YTL Cement Bhd Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended December 31, 2012; Provides Earnings Guidance for the Year Ending June 30, 2013
Feb 21 13
YTL Cement Bhd announced unaudited earnings results for the second quarter and six months ended December 31, 2012. For the quarter, the company reported total revenue of MYR 613,753,000 against MYR 643,744,000 a year ago. Profit before tax was MYR 117,026,000 against MYR 124,129,000 a year ago. The decrease in revenue and profit before tax were mainly due to lower selling price.
For the six months, the company reported total revenue of MYR 1,175,302,000 against MYR 1,194,364,000 a year ago. Profit before tax was MYR 263,901,000 against MYR 227,657,000 a year ago. The decrease in revenue and increase in profit before tax were mainly due to lower selling price of cement and better performance of concrete sales.
The company provided earnings guidance for the year ending June 30, 2013. Considering the group's current level of operations and continued growth in the construction sector, the segment is expected to achieve satisfactory performance for the financial year ending 2013.
YTL Cement Bhd Announces Incorporation of Wholly-Owned Subsidiary, YTL Cement (Vietnam) Pte Ltd in Singapore
Feb 7 13
YTL Corporation Berhad announced that its subsidiary, YTL Cement Bhd has incorporated a wholly-owned subsidiary, YTL Cement (Vietnam) Pte Ltd. in Singapore on February 6, 2013. YTL Cement (Vietnam) Pte Ltd. was incorporated for the purpose of undertaking the business of investment holding.
The issued and paid-up share capital of YTL Cement (Vietnam) Pte Ltd. is SGD 1.00 comprising of 1 ordinary share. The incorporation of YTL Cement (Vietnam) Pte Ltd. does not have any material effect on the earnings, gearing or net assets of YTL Corp. Group for the current financial year. None of the Directors and/or major shareholders of the Company or persons connected to them has any interest, direct or indirect in the said incorporation.
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