China Resources Cement to use internal capital for expansion

China Resources Cement to use internal capital for expansion
24 August 2010


China Resources Cement said there is no need to raise capital through equity financing in the next one or two years despite planning to spend around HK$8bn to double production capacity by 2012.

"The company will use internal resources and bank loans to support its capacity expansion plan," said chief financial officer Robert Lau Chung-kwok.
Published under Cement News