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(From left) Bahrul, Arifin and Yahya presenting goodies to the orphans.
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8th August, 2012
KOTA KINABALU: Cement Industries (Sabah) Sdn Bhd (CIS) has no plans to increase the cement prices in Sabah, said its executive director Bahrul Razha Chuprat.
“We are a government-linked company (GLC) so we have a social obligation to look after, although the bottom line of our business operation is about making profit,” he said when asked to comment on the cement price increase in Peninsular Malaysia early this month.
Cement prices have gone up in Peninsular Malaysia and Sarawak since 2008, but in Sabah we have reduced it since we opened the Lahad Datu bulk terminal, he said after hosting the breaking of fast for 160 orphans from Al-Aman Beaufort, Darul-Bakti Kota Belud and Darul Yatama Yaakob & Tahfiz Membakut at a hotel on Monday night.
“Everybody has marked up their prices but we could still maintain ours, thanks to our productivity efficiency, and we are also lucky to have a good long-term relationship with our raw material (clinkers) suppliers from Taiwan, Vietnam and West Malaysia,” said Bahrul.
“The raw material prices are still maintained at a fair rate so we still manage to make a profit; furthermore, we are a GLC, unlike in the peninsula which are run by private companies so they need to make money,” he said.
When the Lahad Datu terminal was opened, it has reduced our operation cost by 10-20 per cent, he said, adding that a bag of 50kg cement is selling about RM17-RM18 in the market now.
Also present were Sedco chairman Datuk Mohd Arifin Arif and CIS chairman Datuk Yahya Lampong.
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