Cement News tagged under: Asia Cement (China)
Asia Cement (China) earnings surge30 April 2014, Published under Cement NewsAsia Cement (China) said its profit attributable to owners for the first three months of 2014 was 13.73 times higher YoY at CNY127.7m (US$20.4m). Revenue rose to CNY1.6bn, an increase of 20.6 per cent from a year earlier. The leap in the group’s earnings for the period was mainly attributable to an increase in average selling prices and a decrease in cost of coal over the same period last year, the company said in a statement. During the period the group sold 5.29Mt of cement and clinker,... |
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