Jiangxi Cement expects net profit down by up to 70% in 2012

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China: Jiangxi Wannianqing Cement, a Shenzhen-listed producer of cement and clinker, has estimated that the company's net profit has decreased by 60-70% year-on-year in 2012 compared to a net profit of US$81.4m in 2011. The company made the announcement in a performance forecast that was released on 14 January 2012.

URL: https://globalcement.com/news/item/1367-jiangxi-cement-expects-net-profit-down-by-up-to-70-in-2012

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