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Malayan Cement Registers 1st Quarter Revenue of RM1.2 Billion & Profit Before Tax of RM203 Million
27 November 2024
Malayan Cement recorded a 2% increase in revenue to RM1,170.4 million for the 3 months ended 30 September 2024 compared to RM1,148.1 million for the previous corresponding 3 months ended 30 September 2023. Profit before tax grew 31% to RM203.1 million for the 3 months under review compared to RM154.6 million for the same quarter last year, whilst profit after tax rose 45% to RM139.6 million this quarter over RM96.1 million for the same quarter last year.
Tan Sri (Sir) Francis Yeoh Sock Ping, Executive Chairman of Malayan Cement, said, “Revenue for the current quarter was comparable to the corresponding quarter last year, with the ready-mixed concrete segment contributing a higher share of revenue mainly due to increased demand for high grade ready-mixed concrete and bespoke products. The increase in profit before tax was mainly the result of ongoing improvements in operational efficiencies and lower production costs”.
EBITDA (earnings before interest, tax, depreciation and amortisation) increased 17% to RM339.2 million for the 3 months ended 30 September 2024, compared to RM291.2 million for the previous corresponding 3 months ended 30 September 2023.
The above is an extract of Malayan Cement Berhad's full year performance results. Read more here.
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Malayan Cement Berhad (MCB) is the Malaysian operations of YTL Cement Group and the country’s leading building materials company. As part of a regional Group committed to helping you build better, MCB provides an integrated suite of high-performance materials and sustainable environmental services that support construction of all scales – from homes to major infrastructure.
With a legacy that spans more than 70 years, MCB operates integrated cement plants in five locations, four grinding plants, three cement terminals, two depots and over 50 ready-mixed concrete batching plants two drymix plants, three aggregate quarries, and a dedicated R&D facility – the Construction Development Lab.
MCB offers a full range of building solutions, including cement, clinker, ready-mixed concrete, drymix, and quarry products, all designed to meet the evolving needs of the Malaysian market. The company also delivers sustainable innovations such as its ECO Product Range and offers environmental services.
With a fleet of over 1,500 trucks covering more than 120,000 kilometres daily, MCB ensures efficient and reliable delivery to customers across Peninsular Malaysia. Its scale, operational reach, and long-standing experience position it as a key partner in nation building.
MCB offers a full range of building solutions, including cement, clinker, ready-mixed concrete, drymix, and quarry products, all designed to meet the evolving needs of the Malaysian market. The company also delivers sustainable innovations such as its ECO Product Range and offers environmental services.
With a fleet of over 1,500 trucks covering more than 120,000 kilometres daily, MCB ensures efficient and reliable delivery to customers across Peninsular Malaysia. Its scale, operational reach, and long-standing experience position it as a key partner in nation building.
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