Asia Cement (China) expects 30% rise in nine-month profit

Asia Cement (China) expects 30% rise in nine-month profit
Published: 13 October 2014

Tagged Under: China Asia Cement 

Asia Cement (China) Holdings Corp said Friday its profit for the nine months ending in September is expected to increase 30 per cent YoY.

The company said in a statement that the increase is mainly due to a rise in sales volume and price of the company's products when compared with the same period last year.

Asia Cement recorded a profit of CNY390.8m (US$63.8m) in the first nine months of 2013.