China: Xinjiang Tianshan Cement has recorded a net profit of US$72.2m in the three months to 30 September 2019, representing an increase of 12% from US$64.5m in the corresponding quarter of 2018. Revenue leapt up to US$464m from US$376m.
Shangfeng Cement also improved its profits in the quarter by 70% year-on-year to US$839m from US$494m in the three months to 2018.