Asia Cement issues profit warning, China
Asia Cement (China) said it expects to record a substantially lower – over 95 per cent – net profit for the first quarter of 2015 compared with the same period of last year.
China
998 posts · Page 60 of 100
China Resources Cement 1Q15 attributable profit drops 14% YoY
China Resources Cement said its profit attributable to owners for the three months ended 31 March 2015 dropped 14 per cent YoY to HK$660m (US$85m). Basic earnings per share were...
Fitch downgrades Shanshui to 'BB-'; on Negative Watch
Fitch Ratings has downgraded China Shanshui Cement Group Ltd's Long-Term Issuer Default Rating (IDR) and senior unsecured rating to 'BB-' from 'BB'. The ratings have also been p...
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".
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 R...
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 months...
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, c...
China Tianrui Group Cement profit inches up
China Tianrui Group Cement Co posted a net profit of CNY565m (US$91m) in the full year ended 31 December 2014, climbing 1.07 per cent from a year earlier. Basic earnings per sha...
Anhui Conch full-year profit rises 17%
Anhui Conch Cement Co's net profit rose 17 per cent in 2014 but warned that the cement sector in its home market of China was under pressure as the economy slowed. The company r...
China Resources Cement net rises 26% YoY
China Resources Cement (CRC) announces that it made HKD4.21bn (US$ 542.6m) net profit in 2014, up 26 per cent YoY. Earnings per share were 64.4 HK cents.