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News Gansu Qilianshan Cement Group records US$147m nine-month profit

Gansu Qilianshan Cement Group records US$147m nine-month profit

Written by Global Cement staff 22 October 2019
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China: Gansu Qilianshan Cement Group made a net profit of US$147m in the first nine months of 2019, representing an increase of 89% from its nine-month profit to 30 September 2018 of US$78m. Operating income recorded a comparatively slow growth of 21% to US$737m from US$610 in the corresponding 2018 reporting period. The company attributed its profitable results to tactical divestments.

Last modified on 23 October 2019
Published in Global Cement News
Tagged under
  • China
  • Gansu Qilianshan
  • Results
  • GCW428

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