Sunnsy Group joins World Cement Association
The World Cement Association has been joined by Sunnsy Group, the largest cement group in the northern area of China's Yangtze River region. With a total cement production capac...
China
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Zhejiang Shangfeng to acquire majority stake in cement producer
China’s Zhejiang Shangfeng Building Materials Co is set to acquire a 65 per cent stake in Ningxia Mingfeng Mengcheng Building Materials Co, a producer of general Portland cement...
China's cement output rises by 6% in 1H19
China's total cement output rose by 6.8 per cent in 1H19 to 1.045bnt. This was the fastest growth in the last six years, even though cement supply was still constrained by the p...
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 CNY15...
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 peri...
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 E...
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 traditiona...
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 perio...
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. Revenue ...