China: Shanshui Cement has said that it expects its first-quarter losses to rise year-on-year in 2020 due to coronavirus. ET Net News has reported that, though losses are normal in the quarter containing the winter shutdown, they are expected to have been greater than usual in 2020 due to decreased sales and delays to startup caused by the outbreak.

Shanshui Cement suggests first-quarter loss rise
Written by Global Cement staff
Published in
Global Cement News
Tagged under
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.