Consunji's See Profitability for Cemex in 2-3 Years

The new leadership of Cemex Holdings Philippines (CHP) is looking at a couple more years before achieving a complete turnaround of the listed cement maker's financial performance.

- By RICHMOND MERCURIO

CHP president and CEO Herbert Consunji said that the company is seen becoming profitable in two to three years' time.

"We cannot do it immediately since we're coming from a net loss," he said.

Consunji said the company is still seen incurring a net loss for 2025, but it should be smaller compared to last year.

He said the company's priority this year is to "at least to go above water."

"There are a lot of operational aspects that need to be fixed," Consunji said.

"So little by little we are studying it. It cannot be overnight. We're just two months in," he said.