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Malayan Cement Registers 2nd Quarter Revenue of RM1.2 Billion, Profit After Tax Increases 32% to RM185 Million
21 February 2025
Interim Dividend of 5.0 Sen per Share Declared
Malayan Cement’s revenue stood at RM1,153.1 million for the 3 months ended 31 December 2024 compared to RM1,170.4 million for the previous 3 months ended 30 September 2024. Profit before tax increased 26% to RM256.0 million for the 3 months under review compared to RM203.1 million for the preceding quarter, whilst profit after tax rose 32% to RM184.9 million this quarter over RM139.6 million last quarter.
The Board of Directors of Malayan Cement declared an interim dividend of 5.0 sen per ordinary share in respect of the financial year ending 30 June 2025, the book closure and payment dates for which are 6 March 2025 and 27 March 2025, respectively.
Tan Sri (Sir) Francis Yeoh Sock Ping, Executive Chairman of Malayan Cement, said, “Whilst revenue for the current quarter declined marginally due mainly to lower domestic cement sales, higher profit resulted primarily from a gain on the compulsory acquisition of land, as well as lower borrowing costs.
“The Group’s ongoing efforts to reduce costs and improve efficiency continued to yield positive results for the financial year to date, supported by strong leadership and a strategic focus on innovation. All business units contributed to the improved performance, reflecting the strength of the Group’s diversified portfolio. Notably, the ready-mix business continues to excel by delivering high-value, bespoke products tailored to the evolving needs of the construction industry.”
For the cumulative 6 months ended 31 December 2024, EBITDA (earnings before interest, tax, depreciation and amortisation) increased 16% to RM710.6 million compared to RM613.8 million for the previous corresponding 6 months ended 31 December 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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