Shenzhen-listed producer, Sichuan Shuangma Cement Co, reported a 112.95 per cent loss in net profit for the first half of 2012 to CNY11.64m (US$1.8m) China Business Newswire reports.
In the six months to June, the company’s operating revenue was down 6.21 per cent to CNY885m.
Basic losses per share stood at CNY0.02.
Handpicked stories, in your inbox
Our editors pick the top news delivered to your inbox. Sign-up today!