China: Dongwu Cement recorded consolidated sales of US$25.9m in the first half of 2022, down by 26% year-on-year from US$34.8m in the first half of 2021. The company’s loss was US$2.54m, compared to a US$3.76m profit in the previous period. At 30 June 2022, Dongwu Cement’s cement segment’s borrowings were US$14.8m, down by 4.5% from US$15.5m at the beginning of the year.
Dongwu Cement records a loss as sales fall in first half of 2022
URL: https://www.globalcement.com/news/item/14587-dongwu-cement-records-a-loss-as-sales-fall-in-first-half-of-2022
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