Fujian Cement to report CNY85-88m 1H net loss, China

Fujian Cement Inc said it will suffer an CNY85-88m (US$13m-13.8m) net loss in the first half of 2012, compared with a net profit of CNY91.75m a year earlier, China Business Newswire reports. Fujian Cement is based in the Fujian province, situated in the southeast China on the coast of the East China Sea.