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News BBMG's profit drops in 2022 amid low cement sales drop

BBMG's profit drops in 2022 amid low cement sales drop

Written by Global Cement staff 10 January 2023
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China: BBMG recorded a 52-59% year-on-year drop in its net profit to US$177 - 207m, Reuters has reported. The producer attributed the decline to a drop in cement sales, alongside a rise in the cost of raw materials.

Last modified on 11 January 2023
Published in Global Cement News
Tagged under
  • China
  • BBMG Corporation
  • costs
  • Raw Materials
  • GCW590
  • Results
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