Gansu Qilianshan quarterly net loss widens, China

Gansu Qilianshan Cement Group Co Ltd saw its net loss widen to CNY84.94m in the first quarter of 2014, compared with a deficit of CNY73.63m in the corresponding period of 2013, according to a statement by the company.

The northwest China cement manufacturer attributes the decline to growing operational costs in the first three months of the year.