Cement News tagged under: China Tianrui Group Cement Co
China Tianrui Group Cement profit inches up26 March 2015, Published under Cement NewsChina Tianrui Group Cement Co posted a net profit of CNY565m (US$91m) in the full year ended 31 December 2014, climbing 1.07 per cent from a year earlier. Basic earnings per share were CNY0.24. Income inched up by 3.34 per cent to CNY8.95bn. |
China Tianrui Group Cement Co attributable profit climbs 15.6% YoY29 August 2014, Published under Cement NewsChina Tianrui Group Cement Co said its attributable net profit for the six months to the end of June 2014 rose 15.6 per cent YoY to CNY327m (US$53.2m). Revenue rose 15.4 per cent from a year earlier to CNY4296m. The gross profit margin increased to 22.3 per cent in 1H14 versus 21.6 per cent in 1H13, primarily due to the lower cost of sales and slightly higher average selling prices of cement. |
China Tianrui Group Cement full-year net profit slides25 March 2014, Published under Cement NewsChina Tianrui Group Cement Co Ltd said its 2013 profit attributable to shareholders declined more than 28 per cent to CNY558.9m (US$90.17m) from CNY783.4m the year before. Basic earnings per share slid to O.23 from CNY0.33. Pretax profit fell 29 per cent to CNY729.3m. However, revenue rose more than 14 per cent to CNY8.66bn. |
China Tianrui to issue unsecured bills, China28 January 2013, Published under Cement NewsChina Tianrui Group Cement Co is to issue CNY2bn (US$321m) in unsecured bills with a maturity of 365 days on the interbank market on 31 January. The company, which is a leading clinker and cement producer in Henan and Liaoning provinces, said that the bills will be issued at face value, and the coupon rate determined in the process of book-building. Both value and payment due date is set on 1 February, and the to-be-issued bills tradable 4 February. All the proceeds from the issue will b... |
China Tianrui Cement 'B+' rating affirmed; outlook stable09 January 2013, Published under Cement NewsStandard & Poor's Ratings Services said it had affirmed its 'B+' long-term corporate credit rating and 'cnBB' long-term Greater China regional scale rating on cement producer China Tianrui Group Cement Co. Ltd. |
China Tianrui 1H net down 38.7% to CNY402m20 August 2012, Published under Cement NewsChina Tianrui Group Cement said its profit attributable to owners dropped 38.7 per cent YoY to CNY402m for the six months ended 30 June 2012. Its basic earnings per share were CNY17 cents. The revenue was CNY3.71bn, a decrease of 8.9 per cent from a year earlier. The gross profit fell 24.3 per cent YoY to CNY911m. The gross profit margin decreased to around 24.6 per cent in the 1H12 from 29.5 per cent in the same period 2011. The decrease in both gross profit and gross profit margin were pr... |
China Tianrui Group considers bond sale24 July 2012, Published under Cement NewsChina Tianrui Group Cement Co is considering selling a three-year offshore yuan bond, known as a dim sum bond, a source disclosed to Dow Jones. The cement producer, which operates in the Henan and Liaoning provinces, has mandated BOC International as the global coordinator to arrange a series of bond investor meeting and conference calls, the source said. The company plans to use the proceeds to refinanced existing debt obligations and supplement working capital. Meanwhile, Moody’s Inv... |
S&P rates China Tianrui Group Cement 'B+'19 April 2012, Published under Cement NewsRatings agency Standard & Poor’s (S&P) has assigned its 'B+' long-term corporate credit rating and 'cnBB' Greater China credit scale rating to China Tianrui Group Cement Co. Ltd. (Tianrui group). The outlook is stable. A the same time, Standard & Poor's assigned its 'B' issue rating and 'cnBB-' Greater China credit scale rating to the group's proposed issue of senior unsecured notes. The rating on the notes is subject to our review of the final documentation for the notes issuance. Tianrui g... |