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.
Gansu Qilianshan Cement Group records US$147m nine-month profit
URL: https://globalcement.com/news/item/10002-gansu-qilianshan-cement-group-records-us-147m-nine-month-profit
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