Anhui Conch Cement, China’s second-largest cement maker by output capacity, expects its unit gross profit to increase to around CNY120/t (US$18) this year from CNY80/t last year, Guo Jingbin, executive director, said on Wednesday.

Anhui’s unit gross profit was around CNY120/t in the first quarter, with the cement maker expecting to maintain that level for the rest of the year, Reuters reported.
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