Tianrui Cement's net profit falls 38.5% YoY

China Tianrui Group Cement announced that the company saw net profit reach CNY783m (125.9m) in 2012, a YoY decline of 38.5 per cent.

The Henan Province-based clinker and cement producer said its operating revenue fell 8.1 per cent YoY to CNY7.59bn, with basic earnings per share of CNY0.33