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News CNBM sees 40% decline in profit for first nine months of 2012

CNBM sees 40% decline in profit for first nine months of 2012

Written by Global Cement staff 07 November 2012
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China: China National Building Material Co (CNBM), a major State-owned cement producer in China, has reported a net profit of US$575m for the first nine months 2012, a year-on-year decrease of 40%. Operating revenue during the period rose by 7% to US$9.58bn. Net profit for the third quarter fell by 29% to US$271m, while operating revenue rose by 2% to US$3.46bn.

Published in Global Cement News
Tagged under
  • China
  • CNBM
  • GCW74
  • Results

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