Anhui Conch Cement reports decline in operating profit

Anhui Conch Cement reports decline in operating profit
Published: 30 October 2015

Tagged Under: Results China Anhui Conch 

Operating profit at Anhui Conch Cement fell 31 per cent YoY to CNY7.05bn (US$1.1bn) in the nine months through September on the back of weaker demand and pricing competition. Revenue dropped 13 per cent to CNY37.9bn, the Shanghai-listed company reported Tuesday.