Conch expects strong rise in 2013 profit
Anhui Conch, the leading cement producer in China by market value, said it expects a 50 per cent rise in net profit attributable to shareholders for 2013.
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CRC profit alert, China
China Resources Cement said the group's profit attributable to the owners of the company for the year ended 31 December 2013 is expected to be substantially higher compared with...
Jiangxi Wannianqing profit forecast, China
Jiangxi Wannianqing Cement Co Ltd anticipates net profit to have reached between CNY400-450m (US$66m-74m) in 2013, growing about 110-136 per cent YoY, according to the company's...
Dongwu Cement and Hengtong Group joint venture
Dongwu Cement and Hengtong Group are to establish a 50-50 joint venture company with a registered capital of CNY150m (US$24.8m).
Tangshan Jidong to launch restricted shares, China
Tangshan Jidong Cement Co Ltd announced that 59,500 of the company's restricted shares (a 0.004 per cent stake) will become tradable from 9 January 2014, China Business Newswire...
Credit Suisse acquires shares in China Shanshui
Credit Suisse Group AG acquired 10.47m shares in China Shanshui Cement Group Ltd for a total of HK$34.93m on 31 December 2013, according to the Hong Kong Stock Exchange. Since t...
CRH full-year development spend
CRH announced a total of seven acquisitions and investment initiatives in the second half of 2013, taking full-year development activity to EUR0.69bn. The company invested EUR0....
TCC retains top six slot in China
Taiwan Cement Corp (TCC), one of Taiwan's top cement manufacturers, has retained its position as China’s sixth largest cement producer by capacity. Last year, Taiwan Cement had ...
Fujian Cement raises CNY87.8m from disposal of Industrial Bank shares
Fujian Cement Inc has sold a combined 12m shares in Industrial Bank Co Ltd at CNY10/share between 30-31 December 2013, the company announced in a statement. The Fujian Province-...
AVIC completes takeover offer for KHD
AVIC International Beijing Company announced on Friday the successful completion of a voluntary public takeover offer for shares in German equipment supplier KHD Humboldt Wedag....