Jiangxi Wannianqing forecasts 80% net profit drop, China

Jiangxi Wannianqing forecasts 80% net profit drop, China
Published: 13 July 2012


Jiangxi Wannianqing Cement Co Ltd, a Jiangxi Province-based producer of cement and clinker, said it expects first-half 2012 net profit to plummet 80 per cent to CNY54-63m (US$8.5-9.9m) in the first half of 2012 due to slower domestic demand