China Shanshui launches US$400m bond, China
China Shanshui Cement Group has launched a US$400m dollar bond to yield 10.5%, a person familiar with the matter told Dow Jones Newswires on Thursday. The planned five-year bond...
China
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Tianshan Cement first-quarter profit forecasts, China
Xinjiang Tianshan Cement, based in Xinjiang Uyghur Autonomous Region, has forecast that its net profit widened to CNY133m (US$ in the first quarter of 2012 from CNY7.41, a year ...
China Shanshui seeks to price dollar bond, China
China Shanshui Cement Group Ltd is seeking to price a benchmark US dollar bond to yield in the "high 10s," a person familiar with the matter told Dow Jones Newswires on Tuesday....
Jidong Cement profit warning, China
Tangshan Jidong Cement Co Ltd, a Hebei Province-based cement producer, predicted on 13 April that its net loss widened to CNY200-250m in the first quarter of this year from CNY1...
Sichuan Shuangma Cement Co net profit drops
Sichuan Shuangma Cement Co net profit dropped 32.5% in 2011 to CNY162.65m (US$25.8m), from an adjusted 2010 net profit of CNY240.97m. The company's shares are down 1.4% at CNY8....
Asia Cement issues profit warning, China
Asia Cement China said it expects the group to record a substantially lower net profit for the first quarter of 2012 compared to the same period of last year. The decrease is pr...
Tongli Cement posts 19.28% net profit fall, China
Henan Tongli Cement Co Ltd said on 11 April that it reaped a net profit of CNY25.99m in the first quarter of 2012, down 19.28% on-year, China Business Newswire reports. Basic ea...
Qilianshan Cement's rights issue plan approval, China
Gansu Qilianshan Cement, has received approval from China Securities Regulatory Commission (CSRC) to raise as much as CNY1.68bn via a rights issue. The company plans to issue no...
Fitch revises China Shanshui Cement Outlook
Fitch Ratings has revised China Shanshui Cement’s Outlook to Positive from Stable. The Outlook reflects an “improved competitive landscape in Shandong, Shanshui’s core market an...
China’s cement makers fall on demand worries
Chinese cement companies fell sharply on worries about sluggish demand as China’s investment growth is slowing, Dow Jones reports. Thanks to production limits imposed by the gov...