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High costs may trim SCCC gains.

Bangkok Post (Bangkok, Thailand)

| July 06, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Busrin Treerapongpichit

Jul. 6--Siam City Cement Plc (SCCC), the country's second largest cement maker, concedes that rising energy costs could cut profit growth this year.

"We are trying to keep our productivity up," said Chantana Sukumanont, senior executive vice-president. "However, the rising production cost mainly derived from the skyrocketing oil price increase, has made it difficult for us to sustain our profit growth at a high level."

Ms Chantana said rising production costs had already caused a decline in profit growth during in the second quarter of this year.

In the first quarter, SCCC posted a net profit of 1.22 ...

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