Fujian Cement sees 1H net profit hit CNY 91.75m

Fujian Cement sees 1H net profit hit CNY 91.75m
Published: 28 July 2011

Fujian Cement Inc saw its sales revenue hit CNY872m (US$135m) in the first half of 2011, according to a company announcement.

Its net profit was CNY91.75m in the period and its earnings per share were CNY0.24.

The company forecasted a net profit of CNY120m for the period from January to September of 2011. It lost CNY88.84m in the same period of last year.