US: Rising costs eat into USG's profit

摘要

USG has blamed falling operating profits on costs relating to its 'Customer-First' strategy and rising general costs, including those from transportation. Its operating profit fell by 32% year-on-year to US$121m in the first half of 2018 from US$179m in the same period of 2017. Its net sales rose by 6% to US$1.67bn from US$1.58bn.