West China Cement repurchases 2m shares
West China Cement Ltd bought back 2m shares for HK$1.9m on 8 April 2014, media reported, citing Hong Kong Stock Exchange documents. Between 1 January and 8 April, the Xi'an City...
China
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Asia Cement unit plans to buy Sichuan cement plant, China
Asia Cement (China) said its non-wholly-owned subsidiary Sichuan Yadong Cement entered into a framework agreement with the existing shareholders of Sichuan Lanfeng Cement to acq...
Groundbreaking ceremony for new Tajikistan-China joint venture plant
Tajik President Emomali Rahmon attended a groundbreaking ceremony for construction of a greenfield cement plant in Gayur-Sughdcement, in the Bobojonghafourov district, Sughd pro...
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.
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.
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 proportion...
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 CNY55...
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 increa...
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. Basic...