Cement News tagged under: Jiangxi Wannianqing Cement

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Chinese producers expect significant rise in 1H18 net profit

10 July 2018, Published under Cement News

China’s Huaxin Cement has announced that it expects 1H18 net profit to rise 179-192 per cent YoY, compared to CNY728m (US$109.94m) of the year-ago period, according to Reuters. Elsewhere in the country, Jiangxi Wannianqing Cement has also announced that it expects a significant surge of 440-490 per cent YoY in net profit for the period.

Chinese producers counting profits

09 July 2014, Published under Cement News

Cement makers in China saw a resumption in profit growth last year thanks to a combination of improved construction activity, low production costs due to weak coal prices and the government's push to close some inefficient producers. China produced 908.5Mt of cement in the first five months of this year, up 4.1 per cent from a year earlier, official data showed. Wannianqing Cement Co Ltd said it expected its profit to rise by as much as 100 per cent as average prices of its products rose, j...

Jiangxi Wannianqing profit forecast, China

13 January 2014, Published under Cement News

Jiangxi Wannianqing Cement Co Ltd anticipates net profit to have reached between CNY400-450m (US$66m-74m) in 2013, growing about 110-136 per cent YoY, according to the company's earnings forecast announcement on 9 January. (Source: China Business Newswire)

Jiangxi Wannianqing expects 60-70% profit fall, China

15 January 2013, Published under Cement News

Jiangxi Wannianqing Cement Co Ltd estimates that its net profit decreased 60-70 per cent YoY in 2012, compared with a net profit of CNY506m (US$81.4m) in 2011. The company Shenzhen-listed producer of cement and clinker,

Jiangxi Wannianqing cement approved to issue corporate bonds

28 September 2012, Published under Cement News

Jiangxi Wannianqing Cement Co Ltd, a manufacturer and distributor of Portland cement and cement clinker, said on September 27th that it won approval from China Securities Regulatory Commission to issue up to CNY1bn (US$159m) worth of corporate bonds. (Source: China Business Newswire)

Jiangxi Wannianqing forecasts 80% net profit drop, China

13 July 2012, Published under Cement News

Jiangxi Wannianqing Cement Co Ltd, a Jiangxi Province-based producer of cement and clinker, said it expects first-half 2012 net profit to plummet 80 per cent to CNY54-63m (US$8.5-9.9m) in the first half of 2012 due to slower domestic demand

Jiangxi Wannianqing gets private placement approval

10 May 2012, Published under Cement News

Jiangxi Wannianqing Cement Co Ltd, a Jiangxi Province-based producer of cement and clinker, announced on May 7th that it was approved by China Securities Regulatory Commission to issue no more than 65 million shares at no less than CNY10.56 a share via a private placement.

Jiangxi Wannianqing Cement net profit rises, China

02 April 2012, Published under Cement News

Jiangxi Wannianqing Cement Co Ltd reported a 230 per cent YoY rise in net profit year due to an increase in sales volumes and higher selling prices. China Business Newswire reported that the company's net profit hit CNY506m (US$80m) last year, with basic earning per share reaching CNY1.28. The Shenzhen-listed company plans to distribute a cash dividend of CNY2.6 (before tax) for every 10 shares held. Jiangxi Wannianqing Cement produced 14.91Mt of cement and 12.36Mt of clinker in 2011, up ...