Anhui Conch 3Q12 net down, China

Anhui Conch 3Q12 net down, China
25 October 2012

Anhui Conch Cement said its net profit attributable to equity shareholders dropped 66.75 per cent YoY to CNY1.02bn (US$163m) for the third quarter ended 30 September 2012.

Operating revenue was CNY11.69bn, representing a 7.6 per cent decline from a year earlier. Operating profit dropped 69 per cent to CNY1.23bn.

For the first three quarters of 2012, net profit fell about 57 per cent YoY to CNY3.94bn.

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