Anhui Conch forecasts 200% first-half rise, China

Anhui Conch forecasts 200% first-half rise, China
Published: 15 July 2011

Anhui Conch Cement Co Ltd said it expects a 200 per cent rise year on year in unaudited net profit attributable to equity shareholders for the first half of 2011, on a significant rise in selling prices of its products. The company said the estimate was prepared in accordance with Chinese accounting standards.