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News More disappointing half year results for China

More disappointing half year results for China

Written by Global Cement staff 25 July 2012
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China: Henan Tongli Cement Co Ltd, a Shenzhen-listed cement producer, said that its first half 2012 net profit rose by 8.6% year-on-year to US$15.2m. Its operating revenue dipped by 2.8% year-on-year to US$308m.

Meanwhile China Tianrui Group Cement Co Ltd, a Henan Province-based clinker and cement producer, said that it booked US$42.7m in net profit in the first five months of 2012, a plunge of 43% year-on-year. Its revenue dipped by nearly 6% year-on-year to US$485m.

Last modified on 25 July 2012
Published in Global Cement News
Tagged under
  • China
  • Results
  • Henan Tongli
  • China Tianrui
  • GCW59
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