Huaxin Cement’s half year results bounce off higher prices

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China: Huaxin Cement’s sales revenue rose by 63% year-on-year to US$1.43bn in the first half of 2017 from US$874m in the same period of 2016. It attributed the growth to an increase in the price of cement. The cement producer also benefited from its acquisition of Lafarge China Cement’s plants in Yunan, Guizhou and Chongqing. During the reporting period its cement and clinker sales rose by 33% to 31.8Mt.

Last modified on 06 September 2017

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