BANGKOK -- Thailand's industrial conglomerate Siam Cement Group has revised down its sales growth outlook for 2017 to 3-5% from 5-10% following an unexpected drop in cement demand in the first half of the year.
The group's net profit in the April-June period came in at 13.252 billion baht ($396 million), down 17% on the year, on sales of 108.825 billion baht that were unchanged from a year earlier.