News Column

West China Cement H1 Net down 4.8%

August 18, 2014

SHANGHAI, August 18, SinoCast -- West China Cement posts that it made CNY 160 million net profits attributable to owners in the first half, down 4.8% year on year; it recorded CNY 0.35 earnings per share.

The company's cement and clinker sales were 8.38 million tons, keeping flat over last year. The company's incomes were up 15% to CNY 2 billion; gross profits were up 11% to CNY 385 million. Profit adjustment of US dollar bill exchange losses rose 42.7% from a year ago.

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Source: Sinocast Construction & Real Estate Beat (China)

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