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Siam Cement will pay dividends of ten baht a share - Krungthep Turakij 31/1/02.

Asia Africa Intelligence Wire

| February 01, 2002 | COPYRIGHT 2002 Financial Times Ltd. 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

The Siam Cement board announced the company will pay dividends for the first time since 1998, Krungthep Turakij reported.

On 22 April Siam Cement will pay dividends of ten baht a share for its 2001 performance. In 2001 the companies in the Siam Cement group made net profits of 7.634 billion baht, up from net losses of 473 million baht the year before. Cement sales came to 24.183 billion baht, about the same as in 2000. Petrochemicals sales dropped slightly to 38.152 billion baht due to a drop in world petrochemicals prices. Paper and packaging income was about the same as ...

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