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 techno...

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 also f...

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 pa...