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News Dongwu Cement records a loss as sales fall in first half of 2022

Dongwu Cement records a loss as sales fall in first half of 2022

Written by Global Cement staff 02 September 2022
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China: Dongwu Cement recorded consolidated sales of US$25.9m in the first half of 2022, down by 26% year-on-year from US$34.8m in the first half of 2021. The company’s loss was US$2.54m, compared to a US$3.76m profit in the previous period. At 30 June 2022, Dongwu Cement’s cement segment’s borrowings were US$14.8m, down by 4.5% from US$15.5m at the beginning of the year.

Last modified on 07 September 2022
Published in Global Cement News
Tagged under
  • Dongwu Cement
  • China
  • Results
  • GCW573
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