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News Tangshan Jidong Cement’s income falls in first quarter of 2022

Tangshan Jidong Cement’s income falls in first quarter of 2022

Written by Global Cement staff 19 April 2022
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China: Tangshan Jidong Cement’s consolidated net income was US$779m in the first quarter of 2022, down by 2.5% year-on-year from US$799m in the first quarter of 2021. The decline contributed to a widening in the group’s net loss to US$36.6m, more than four times its 2021 first-quarter loss of US$8.07m.

Last modified on 20 April 2022
Published in Global Cement News
Tagged under
  • China
  • Tangshan Jidong Cement Company
  • Results
  • Loss
  • GCW553
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