International Cement Anticipates Lower Profitability for 2024

MT Newswires

2025/02/17

International Cement (SGX:KUO) expects an adverse impact on its profitability for the year ended Dec. 31, 2024, according to a Friday filing with the Singapore Exchange.

The company has attributed this to the steep depreciation of the Kazakhstani Tenge against the US dollar, along with lower demand for its finished product.

The group will release its financial figures by the end of February.

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