China Resources Cement expects significant increase in 1H attributable profit

China Resources Cement expects significant increase in 1H attributable profit
16 May 2017


China Resources Cement said it expects he Group's profit attributable to the owners for the six months ended 30 June 2017 to significantly increase as compared with that of the corresponding period in 2016.

The expected growth was primarily attributable to the higher selling prices of cement products during the period, ET Net News Agency reports.

The average selling price of the group's cement products was HKD291.40 (US$37.40) from January to April 2017, as compared with HKD229.70 for the same period in 2016, representing an increase of 26.9 per cent.

Published under Cement News