Taiwan Cement sees 28.81% jump in net profit
Taiwan Cement posted a record TWD10.03bn (US$330m) in net profit last year, up 28.81 per cent from a year earlier, the company said in a statement on Monday. Consolidated sa...
China
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China Shanshui seeks to refinance debt and trim 2014 capex
China Shanshui Cement is seeking to refinance debt and cut capital expenditure by half this year after earnings fell for a second year, according to CreditSights Inc. The ce...
CNBM
CNBM will be welcoming China’s new 2014-20 Urbanisation Plan, announced last week. According to Reuters, the plan aims to boost domestic consumption by increasing the proportio...
Anhui Conch Cement Co
Anhui Conch has announced a pre-tax profit for 2013 of CNY12.67bn (US$2.04bn), compared to CNY8.13bn in the previous year. Revenue was also up, rising by 20.75 per cent to CNY5...
Conch full-year net profit rises 48.3%
Anhui Conch Cement Co reported a 48.3 per cent YoY increase in profit attributable to shareholders during 2013 to CNY9.38bn (US$1.5bn) from CNY6.33bn a year ago. Turnover incr...
China cement prices ease
Cement prices in China eased to a national average of CNY361/t (US$58) by 28 February 2014, down from a recent peak of CNY373/t (US$60) on 20 January, according to figures from...
China Tianrui Group Cement full-year net profit slides
China Tianrui Group Cement Co Ltd said its 2013 profit attributable to shareholders declined more than 28 per cent to CNY558.9m (US$90.17m) from CNY783.4m the year before. Ba...
Shanshui Cement announces 2013 gross profits of US$617.7m
During the 12-months ended 31 December 2013, China Shanshui Cement Group Ltd’s revenue reached CNY16,535m (US$2667.85m). Gross profit was CNY3829m while profit from operations ...
Congo Rep opens Dolisie cement plant
Denis Sassou Nguesso, President of the Republic of Congo, inaugurated a new cement works in Dolisie, located in the south west province of Niari, on Saturday 22 March. The 0.3M...
West China Cement profit edges ahead
West China Cement reported a 3.6 per cent YoY rise in pre-tax profit to CNY475.08m (US$76.4m) for the year ending 31 December 2013, compared to CNY458.58m a year ago. Net in...