Cement News tagged under: Guangdong Tapai Group Co

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China: Guangdong Tapai Group 1H affected by pricing pressures

12 August 2015, Published under Cement News

Guangdong Tapai Group saw net profit fall to CNY186m (US$29m) for the first half of 2015, down 47.81 per cent from the same period a year ago. Operating revenue fell was down 7.89 per cent to CNY1.84bn. Competition in east Guangdong and Pearl River Delta became fiercer causing cement prices to continue falling. The average selling price fell 19.52 per cent.

Guangdong Tapai to expand capacity, China

23 April 2014, Published under Cement News

Guangdong Tapai Group Co, Ltd plans to invest about CNY3.56bn in building a new 10,000tpd  dry-process  line, including a 20MW pure low-temperature waste heat power generation system, in Jiaoling County, Meizhou City, Guangdong Province. The company posted operating revenue of CNY 883m for the first quarter of 2014, up 12.46 per cent YoY. Net profit attributable to shareholders jumped 224.47 per cent to CNY159m. Basic earnings per share was CNY 0.1782. The cement producer has forecast a ne...