China Shanshui Cement has issued a profit warning, saying that it expects to report a fall in profit of at least 70 per cent in 2022. According to the company, attributable profit for the year is forecast to have contracted by at least 70 per cent, compared to the CNY2.78bn (US$410.8m) recorded in 2021.

Afrimat posts 37% revenue rise, but cement segment incurs losses
Afrimat recorded a group revenue rise of 36.7 per cent to ZAR8.3bn (US$454.6m) for the year e...