Sinoma anticipates substantial rise in interim net profit

China National Materials Company (Sinoma) said it expects the net profit attributable to the shareholders of the parent company for the six months ended 30 June 2017 to record a substantial increase as compared to the same period of last year.

Such expected growth is mainly attributable to the increase in the prices and sales volume of cement.
Its interim results announcement is expected to be published before the end of August, ET News reports.