Dongwu Cement posts 31% advance in turnover

China-based Dongwu Cement International Ltd reported a turnover of CNY136.863m (US$20.4m) for the six months ending 30 June 2017, up 30.7 per cent from CNY104.7m in 1H16, according to its report to the Hong Kong Stock Exchange.

Total profit for the period reached CNY7726m, a significant improvement on the year-ago figure of CNY-4.301m.

The 1H17 improvements were attributed to increased sales volumes and price rises.