China: Huaxin Cement’s has made a net loss of US$20.5m in the first half of 2016 compared to a net profit of US$4.29m in the same period of 2015. Its sales revenue fell by 14% to US$361m from US$420m. The cement producer attributed its decline in net profit and operating costs to a fall in cement prices.
Huaxin Cement’s makes net loss of US$20.5m in first half of 2015
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