China Shuangji Cement posts flat 2Q profit

China Shuangji Cement posts flat 2Q profit
Published: 24 August 2010

China Shuangji Cement, Ltd reported a profit for the second quarter that was essentially flat with the previous year.

The company reported net income for the second quarter of US$1.14m or US$0.04 per share, compared to US$1.13m or US$0.04 per share in the year-ago quarter.

Revenues for the quarter increased 11.5% to US$15.3m from US$13.7m in the prior-year quarter.