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Cement cos' profitability may improve by up to 22% in Q4
2023-03-17
Analysts predict that cement makers' profitability would rise 18–22% sequentially in the March quarter as they take advantage of rising volume and falling input costs despite stable prices.Estimates predict that the operating profit of cement businesses will rise by 150–200 USD per tonne to 900–1,000 USD. For cement producers, it will mark the second straight quarter of rising operating margins.
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