Tangshang Jidong Cement warns of profit drop in 2022

Written by Global Cement staff 10 January 2023

China: Tangshang Jidong Cement expects to record a 46-52% year-on-year drop in its full-year net profit in 2022. Reuters has reported that the producer forecasts a profit of US$198-223m throughout the year, compared to US$413m in 2021.

Last modified on 11 January 2023

Published in Global Cement News

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