China: Sinoma International’s income remained stable in 2019 at US$4.56bn. The number of new orders rose slightly to 142. By region, revenue from domestic markets grew by 57% year-on-year to US$2.02bn but overseas revenue fell by 21% to US$2.54bn. The equipment manufacturer and supplier said that a major project to build a 5000t/day clinker production line for Central African Cement in Zambia was still in the financing stage. The project has a value of US$480m.
Sinoma International’s income remains stable in 2019
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