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News Anhui Conch Cement’s first-half net profit rises in first half

Anhui Conch Cement’s first-half net profit rises in first half

Written by Global Cement staff 24 August 2020
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China: Anhui Conch Cement has recorded a profit of US$2.33bn in the first half of 2020, up by 5.3% year-on-year from US$2.21bn in the first half of 2019. Revenues rose by 3.3% to US$10.7bn from US$10.4bn. The company attributed the increases to the resumption of construction across Asia after the coronavirus lockdown and increase sales in western China throughout the period.

Last modified on 25 August 2020
Published in Global Cement News
Tagged under
  • China
  • Anhui Conch
  • Results
  • Profit
  • Sales
  • regions
  • coronavirus
  • lockdown
  • market
  • GCW470

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