China

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China’s cement production up 4% in July

China’s cement production up 4% in July

Chinese cement output increased 3.6 per cent in July as a pick-up in the economy drove cement consumption, according to data from the Ministry of Industry and Information techn...

West China Cement posts 5% fall in net profit

West China Cement posts 5% fall in net profit

West China Cement has announced a 5.3 per cent YoY decline in net profit for the first half of the 2020, down to CNY752.3m (US$108.7m) from CNY793.5m in the 1H19. Revenue als...

Anhui Conch's 1H20 profit rises 5.3%

Anhui Conch's 1H20 profit rises 5.3%

Anhui Conch Cement's net profit rose in the 1H20, on the back of a resumption of construction projects in Asia and higher sales in western China. However, due to the COVID-19 p...

BBMG Corp sees net profit fall 50%

BBMG Corp sees net profit fall 50%

China’s BBMG Corp has seen its net profit fall 50 per cent YoY to CNY1.52bn (US$219.6m) for the first half of 2020. Operating revenue also declined 8.3 per cent to CNY40.93bn, ...

Vietnamese export volumes rise 11% in the 7M20

Vietnamese export volumes rise 11% in the 7M20

Vietnam exported 19.5Mt of cement and clinker worth US$732m in the first seven months of 2020, up 11.4 per cent YoY in volume but down 5.4 per cent in value, according to Dau T...

China's cement imports surge in May

China's cement imports surge in May

The imports of cement into China soared in May to 4Mt, twice the level seen at the start of the year as the housing market rebounded and infrastructure spending showed strong g...