Anhui Conch Cement reports decline in operating profit

Anhui Conch Cement reports decline in operating profit
30 October 2015


Operating profit at Anhui Conch Cement fell 31 per cent YoY to CNY7.05bn (US$1.1bn) in the nine months through September on the back of weaker demand and pricing competition. Revenue dropped 13 per cent to CNY37.9bn, the Shanghai-listed company reported Tuesday.

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