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News Gansu Qilianshan Cement forecasts 41% nine-month profit rise in 2020

Gansu Qilianshan Cement forecasts 41% nine-month profit rise in 2020

Written by Global Cement staff 13 October 2020
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China: Gansu Qilianshan Cement has announced that it expects to record a profit of US$208m in the first nine months of 2020, up by 41% year-on-year from US$147m in the corresponding period of 2019, according to Reuters. It said the results would be in line with its growth trajectory thanks to a significant increase in demand towards the end of the first half of 2020.

Last modified on 14 October 2020
Published in Global Cement News
Tagged under
  • China
  • Gansu Qilianshan
  • Forecast
  • Results
  • CNBM
  • GCW477
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