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News China Shanshui Cement issues loss warning for first half of 2023

China Shanshui Cement issues loss warning for first half of 2023

Written by Global Cement staff 18 July 2023
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China: China Shanshui Cement has warned investors of an anticipated net loss during the first half of 2023. Dow Jones Institutional News has reported that the group expects to record a '145 - 150%' year-on-year decline in its profit compared with first-half 2022 levels. It attributed this to a fall in the price of its cement throughout the period.

Last modified on 19 July 2023
Published in Global Cement News
Tagged under
  • China
  • China Shanshui Cement
  • Loss
  • Price
  • GCW617
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