Citi Research raises target price for China Resources
Citi Research raised its target price for China Resources Cement (CRC) to HK$5 from HK$4.5, and upgraded the stock to "neutral" from "sell". The research house lowered CRC's ...
China
985 posts · Page 59 of 99
India: CREDAI to import Chinese cement
Following the Telangana government's decision to impose a road tax on trucks from Andhra Pradesh and the spiralling hike of cement prices facing builders, the Confederation of ...
China Shanshui Cement 2014 revenue reaches CNY15,596m
China Shanshui Cement Group Ltd, the largest cement enterprise in the Shandong and Liaoning Provinces of China, recorded sales revenue of CNY15,596m (US$2516m) for the 12 month...
Anhui Conch Cement Co
2014 saw Anhui Conch report net profit gains of 17 per cent to CNY11bn (US$1.77bn), compared to CNY9.4bn the previous year. Cement and clinker sales for the year were also up, ...
China Tianrui Group Cement profit inches up
China Tianrui Group Cement Co posted a net profit of CNY565m (US$91m) in the full year ended 31 December 2014, climbing 1.07 per cent from a year earlier. Basic earnings per sh...
Anhui Conch full-year profit rises 17%
Anhui Conch Cement Co's net profit rose 17 per cent in 2014 but warned that the cement sector in its home market of China was under pressure as the economy slowed. The company...
China Resources Cement net rises 26% YoY
China Resources Cement (CRC) announces that it made HKD4.21bn (US$ 542.6m) net profit in 2014, up 26 per cent YoY. Earnings per share were 64.4 HK cents. The company gained ...
MacGregor wins multiple offshore self-unloader order from Chinese shipyard
MacGregor, part of Cargotec, has received an order from Wuhu Xinlian Shipyard in China for eight MacGregor dry bulk cement handling systems. The fully-automated pneumatic ...
Yanbu Cement Co signs contract for WHR plant
Yanbu Cement Company (YCC), one of Saudi Arabia’s leading cement companies and a major player in the western region of the kingdom, has signed a contract for the establishment ...
China: Lafarge to buy out 45% interest in Lafarge Shui On Cement
Lafarge has signed an agreement to acquire the 45 per cent stake held by SOCAM Development Ltd in Lafarge Shui On Cement, for a consideration of HKD2553m (c€294m) subject to th...