China Resources net profit increases 43.6% in 2013

China Resources Cement Holdings Ltd earned a net profit of CNY3.34bn (US$544m) in 2013, a YoY increase of 43.6 per cent, the company announced on Friday.

Meanwhile, operating revenue grew 15.8 per cent YoY to CNY29.34bn.

The Hong Kong-based cement producer attributes the upward trend in performance to decreasing manufacturing costs and coal prices.