Anhui Conch - April 2016
Anhui Conch has posted its first profit fall in three years as China’s slowing economy continues to hit the construction sector. 2015 saw the company record a net profit of CNY7.5bn (US$1.15bn), down from the CNY11bn reported in 2014 and falling short of average estimates of CNY8.1bn. This follows net profit rises in 2013 and 2014.
