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News Shanshui Cement suggests first-quarter loss rise

Shanshui Cement suggests first-quarter loss rise

Written by Global Cement staff 20 April 2020
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China: Shanshui Cement has said that it expects its first-quarter losses to rise year-on-year in 2020 due to coronavirus. ET Net News has reported that, though losses are normal in the quarter containing the winter shutdown, they are expected to have been greater than usual in 2020 due to decreased sales and delays to startup caused by the outbreak.

Last modified on 22 April 2020
Published in Global Cement News
Tagged under
  • China
  • Shanshui Cement
  • Loss
  • coronavirus
  • startup
  • Sales
  • delay
  • GCW452

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