Anhui Conch - March 2017
Despite over-capacity and intense market competition, Anhui Conch recorded a 9.72 per cent increase in revenue in 2016 to CNY55.9bn (US$8.1bn), compared to the previous year. Net profit came in at CNY8.57bn, up 13.7 per cent YoY, while earnings per share saw a 13.7 per cent increase on 2015 to reach CNY1.62.
