Jidong sees strong rise in 2013 net profit

Jidong sees strong rise in 2013 net profit
20 January 2014


Tangshan Jidong Cement Co Ltd expects net profit to be between CNY306m and CNY360m (US$50.6m-59.48m) in 2013, a YoY increase of 70 per cent to 100 per cent, the company said.

The Hebei Province-based cement manufacturer attributes the profit growth to an improved reduction in production costs and increasing sales volume.

Published under Cement News

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