China: China Tianrui Group has recorded first-half consolidated sales of US$883m in 2021, up by 9% year-on-year from US$809m in the first half of 2020. Cement sales volumes grew by 10.6% to 17.5Mt from 15.8Mt. Its profit attributable to owners was US$116m, up by 5% from US$111m. The group reported that the national cement industry recorded record production in the first half of 2021 however this slowed in May and June due to poor weather and increasing commodity prices.
China Tianrui Group increases sales and profit in first half of 2021
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