China: first half profit concerns

China: first half profit concerns
Published: 09 July 2012


With disappointing economic data emanating from China recently, a number of domestic cement producers have issued profit warnings for the first half of 2012 of between 30-50 per cent. While some of these manufacturers have reported improving market demand since the second quarter, pressure on cement prices is likely to persist.
 

 

 

 

 

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