CRC attributable profit surges, China

CRC attributable profit surges, China
Published: 12 August 2014


China Resources Cement (CRC) said its profit attributable to owners for the six months ended 30 June 2014 rose 79.5 per cent YoY to HK$2056m.

Basic earnings per share were HK31.5 cents. Turnover reached HK$15,161m, an increase of 17.9 per cent from a year earlier.

The consolidated gross margin was 31.9 per cent, representing an increase of 8.8 percentage points from 23.1 per cent for the corresponding period last year, which was mainly attributable to improved selling prices.