China Resources Cement issues profit warning for first quarter of 2016

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China: China Resources Cement has issued a profit warning for the first quarter of 2016. It expects its profit for the three-month period to drop ‘significantly’ year-on-year due to lower prices of cement and clinker in China. The Chinese cement producer reported a profit of US$85.1m for the first quarter of 2015.

Last modified on 06 April 2016


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