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.
China Shanshui Cement issues loss warning for first half of 2023
URL: https://globalcement.com/news/item/16031-china-shanshui-cement-issues-loss-warning-for-first-half-of-2023
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