Cement News tagged under: TCC International Holding
TCC International Holdings forecasts 1H16 loss07 July 2016, Published under Cement NewsHong Kong-based TCC International Holdings Ltd issued a profit warning, expecting to record a loss for the six months ended 30 June 2016, as compared with the profit of US$10.5m in the year-ago period. The turnaround was mainly due to the decrease in the average unit selling price of cement, clinker and slag powder in China as compared with the year-ago period as well as an expected foreign exchange loss from US dollar-denominated bank borrowings as a result of the devaluation of CNY. ... |
TCC International unit to acquire Hunan Jindadi Materials Company Ltd12 November 2014, Published under Cement NewsTCC International (Hong Kong) Company Ltd, a wholly-owned subsidiary of TCC International Holdings Ltd, has entered into an agreement to acquire 100 per cent stake in Hunan Jindadi Materials Company Ltd. Hunan Jindadi Materials is a China-based manufacturer and seller of cement, clinker, concrete products and gravel aggregate products, from Peng Zhongxi, Liu Xingjun, Ma Jianjun, Xiang Zeqiang, Yang Xiaohui and Xiao Jianqiang. The acqusition is reported to be worth CNY1270m (US$206.66m). |
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