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News Huaxin Cement shows nine-month net profit boom

Huaxin Cement shows nine-month net profit boom

Written by Global Cement staff 28 October 2019
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China: Huaxin Cement has reported a net profit of US$680m for the period of nine months to 30 September 2019. This represents a 42% year-on-year increase from US$478m in the corresponding period of 2018. Its operating income over the period grew by 18% year-on-year to US$3.18bn from US$2.69bn. Huaxin Cement made several investments in emerging markets over the period, with its Uzbek plant in Zarafabad set to become operation in December 2019.

Last modified on 30 October 2019
Published in Global Cement News
Tagged under
  • China
  • Huaxin
  • Results
  • GCW429

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