Anhui Conch
In the six months ending 30 June 2019, Anhui Conch reported revenue of CNY71.64bn (US$10.01bn), up 56.6 per cent YoY. Profit attributable to equity shareholders came in at CNY1...
China
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China National Building Materials (CNBM)
In the first half of 2019, CNBM’s subsidiary Sinoma International reported a 12.38 per cent YoY jump in operating income to CNY11.33bn (US$1.58bn). Net profit over the same per...
Dongwu Cement reports 12% rise in 1H profit
Dongwu Cement reported a turnover of CNY251.739m for the first six months of 2019, representing an increase of 14.7 per cent YoY, according to a company to the Hong Kong Stock ...
CNBM expects demand to increase in the 2H19
China’s CNBM is expecting domestic cement demand in the 2H19 to increase from the first half, alongside pricing improvements compared to the previous year, due to the tradition...
West China Cement reports 23% increase in profit
West China Cement Ltd has announced a 22.7 per cent increase in profit to CNY793.5m (US$112.3m) for the 1H19, compared with CNY646.7m in the year-ago period. Revenue climbed 27...
China Resources Cement sees 7% fall in net profit in 1H19
China Resources Cement has reported a 6.5 per cent YoY drop in net profit to HKD3.77bn (US$480.8m) for the first six months of 2019, against HKD4.03bn in the corresponding peri...
China Shanshui Cement records 75% increase in net profit
China Shanshui Cement has seen a 75 per cent YoY rise in net profit to CNY1.19bn (US$168.5m) for the first half of 2019, which it has attributed to higher cement sales. Reve...
Anhui Conch places laboratory equipment order
China’s Anhui Conch has ordered four polab® laboratory automation systems from thyssenkrupp, including units for the world’s two largest cement plants in Wuhu and Tongling, eas...
Shui On Cement to be compensated for plant closure
Hong Kong-based Socam Development said the Kaili government in Guizhou, China, is expected to compensate its subsidiary Shui On Cement with CNY171m (US$24.85m). The funds are t...
China’s cement industry sees CNY80bn profit in 1H19
China’s cement industry in the first half of 2019 saw profits advance by 20 per cent to CNY80bn (US$11.6bn), according to China Securities Journal. Cement output increased 6.8...