China cement news round-up

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Regions: Central China's Hubei Province produced 11.3Mt of cement in January and February 2013, a year-on-year decline of 13.8%. However, clinker production rose by 1.98% to 6.73Mt.

Cement producers in the eastern province of Zhejiang produced 115Mt of cement and 56.7Mt of clinker in 2012, a year-on-year decrease of 4.8% and 5.9% respectively.

Companies: Sinoma International Engineering Co recorded an operating-revenue of US$710m in the first quarter of 2013, a year-on-year decline of 20.4%. The company's net profit slid by 12% to US$38.3m.

Zhejiang Jianfeng Group recorded an operating-revenue of US$267m in 2012, a year-on-year increase of 0.26%. Net profit fell by 39.2% to US$26.5m.

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