Jidong Cement’s net profits surge by 75%

Jidong Cement’s net profits surge by 75%
Published: 17 March 2008

Tangshan Jidong Cement Co, Ltd contributed RMB368M in net profits to its parent company in 2007, with the amount surging by 74.94% over 2006, according to the 2007 annual report released by the company on March 11th. Jidong Cement’s total production capacity reached 25Mt last year, with the cement sales volume surging by 30.05% YoY to 17,8826t and the business income rising by 32.58% to RMB3.86bn