China's Sinoma profit falls as turnover climbs
China National Materials Co Ltd, Sinoma Group (China), has reported mixed results for the first six months of 2013. While turnover over the period moved ahead 6.9 per cent to C...
China
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Cement prices in China keep rising
Although China's cement sales are outside their peak season, the average cement price in the country has continued to rise over the past week, according to the latest data from...
China to cut cement overcapacity with new plan
The Chinese government will soon release guidelines to further tackle industrial overcapacity, according to a report by the Xinhua Economic Information Daily. Xin Renzhou, an...
Anhui Conch first-half net profit rises, China
Anhui Conch Cement Co Ltd reported a net profit of CNY3.06bn (US$500.6m) in the first half of 2013, a rise of 4.89 per cent rise compared to the same period of the year before....
Taiheiyo Cement ordered to close Nanjing plant, China
Taiheiyo Cement Corp has been ordered by the Chinese city of Nanjing to close a local production facility by the end of next year due to pollution concerns. Shutting the Nan...
Asia Cement first-half profit surges, China
Asia Cement reported a surge in profit attributable to shareholders for the six months ended 30 June 2012 thanks to an increase in the sale cementitious products and declining ...
Eastern China prices beat expectations
Cement prices in eastern China have increased during July, beating analysts expectations for some parts of the region. Prices continued rising and rebounds in Zhejiang, Fujia...
China Resources Cement 1H13 profit rises
China Resources Cement (CRC) said yesterday that its net profit attributable to shareholders of the company increased 80.35 per cent YoY to HK$1.15bn (US$148.29m) in the first ...
Gansu Qilianshan's net profit surges, China
Gansu Qilianshan Cement Group Co Ltd earned a net profit of CNY110m (US$18m) in the first half of 2013, a YoY rise of 314 per cent. The cement producer saw operating revenue a...
JPMorgan sells stake in Anhui Conch, China
JPMorgan Chase & Co sold 3.89 million H-shares (translating to a 0.3 per cent stake) in Anhui Conch Cement Co Ltd on 29 July 2013, decreasing the stake to 10.91 per cent, accor...