China Tianrui Group Cement full-year net profit slides

China Tianrui Group Cement full-year net profit slides
Published: 25 March 2014


China Tianrui Group Cement Co Ltd said its 2013 profit attributable to shareholders declined more than 28 per cent to CNY558.9m (US$90.17m) from CNY783.4m the year before. Basic earnings per share slid to O.23 from CNY0.33.

Pretax profit fell 29 per cent to CNY729.3m. However, revenue rose more than 14 per cent to CNY8.66bn.