Cement News tagged under: Xinjiang Tianshan Cement Co
Xinjiang Tianshan Cement Co to issue CNY500m notes31 May 2013, Published under Cement NewsXinjiang Tianshan Cement Co, based in China's Xinjiang Uygur Autonomous Region said on Thursday that it would float CNY500m (US$4m) in unsecured notes with a maturity of three years on June 6, 2013. According to the company, it would use CNY250m of the proceeds to boost working capital and the remaining CNY250m to repay bank loans. By the end of September 2012, the company's undue bank loans stood at CNY1.442bn. Xinjiang Tianshan Cement said that the notes will be issued at face value, a... |
Xinjiang Tianshan Cement 1Q net profit falls 68 per cent, China16 August 2012, Published under Cement NewsXinjiang Tianshan Cement Co Ltd, a cement and concrete manufacturer based in the Xinjiang Uygur Autonomous Region, announced net profit attributable to shareholders to reach CNY123.14m (US$19.3m) in the first half of this year, 68 per cent lower than the same period of last year. The decline is attributed to a fall in cement prices and higher financial costs, the company said in a statement filed with the Shenzhen Stock Exchange. Revenue was 0.69 per cent higher from a year earlier to CNY... |
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