Anhui Conch Cement reports 51% plunge in 1H profit

Anhui Conch Cement reports 51% plunge in 1H profit
Published: 15 August 2012


Anhui Conch Cement announced yesterday that its net profit in the first half fell 51.33% YoY to CNY2.92bn (US$462m) under Chinese accounting rules, due to sharp declines in cement prices amid weak demand.

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