Cement News tagged under: Tangshan Jidong Cement
Jidong Cement's 1H12 profit down 85 per cent23 August 2012, Published under Cement NewsTangshan Jidong Cement Co Ltd, a construction materials manufacturer and distributor based in Tangshan, Hebei province, has announced its net profit attributable to shareholders plunged 85.05 per cent YoY to CNY112m (US$17.6m) in 1H12. In the first six months of this year, Jidong Cement saw its operation revenue decreased 10.68 per cent from a year earlier to CNY6.38bn. Basic earnings per share were CNY0.08 for the period. In the reporting period, the company produced 25.96Mt of cemen... |
Tangshan Jidong Cement acquires majority stake in Wubao Jidong, China22 June 2012, Published under Cement NewsTangshan Jidong Cement announced it has acquired a 51 per cent stake in Wubao Jidong Special Cement for CNY173m, reports Securities Times, citing a company filing yesterday. At the same time, Shandong Linqu Shengwei Special Cement acquired a 10 per cent interest in Wubao Jidong Special Cement for CNY34.1m. According to Tangshan Jidong Cement, the acquisition will not have a significant impact on its fiscal or operational status and it will enhance its market share in Shaanxi special ce... |
Jidong Cement profit warning, China17 April 2012, Published under Cement NewsTangshan Jidong Cement Co Ltd, a Hebei Province-based cement producer, predicted on 13 April that its net loss widened to CNY200-250m in the first quarter of this year from CNY11.27m a year earlier. |
Jidong Cement to buy controlling holder's assets, China16 February 2012, Published under Cement NewsTangshan Jidong Cement announced it would buy the use right of part of land, ownership of houses and supporting facilities rented by it currently from its controlling shareholder Jidong Development Group, reports SinoCast. The listed company also will buy the ownership of an office building, Beijing Representative Office and Jidong Development Students Apartment and supporting facitlies, covering about 50,000 square meters. To further enhance the market competitiveness of its controlling s... |