Moody's assigns definitive Aa1 to China Resources Cement bonds
Moody's Investors Service has assigned a definitive Aa1 rating to the 5-year bonds issued by China Resources Cement Holdings Ltd. Moody's has removed the rating from provisiona...
China Resources Cement
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China Resources Cement to issue US$400m credit enhanced senior bonds
China Resources Cement said it has priced the US$400m 2.125 per cent credit enhanced senior bonds due 2017 following a book-building exercise conducted by DBS as sole global co...
Guangdong producers buy CO2 permits
Four cement producers in China's Guangdong province have bought 1.3 million CO2 permits from the local government at CNY60/unit (EUR7.25), according to local press. China Re...
China Resources Cement 1H net down 69%
China Resources Cement said its profit attributable to owners dropped 68.9 per cent YoY to HK$635m (US$81.9m) for the six months ended 30 June 2012. Turnover was up 9.8 per c...
China: first half profit concerns
With disappointing economic data emanating from China recently, a number of domestic cement producers have issued profit warnings for the first half of 2012 of between 30-50 pe...
Gansu Qilianshan Cement issues profit warning
Gansu Qilianshan Cement Group expected its first-half net profit to fall at least 50 per cent YoY and follows warnings from other industry peers. According to reports in Chi...
China Resources Cement's 1H profit likely to fall 21%
China Resources Cement has warned of a sharp drop in gross profit margin in 1H12 to 21 per cent from the 33 per cent last year as selling prices for cement products have falle...
China Resources Cement prices weaken in1Q2012
China Resources Cement Holdings Ltd, the largest cement producer in South China, saw its average sales price decline 6% or RMB20/t Y-on-Y to RMB340/t in the first quarter of th...
China Resources 2011 sales rise, expansion plans
China Resources Cement Holdings, reported a rise in revenues for 2011 and outlined plans for further capacity expansion. The company, which is the largest cement producer i...