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News Anhui Conch Cement’s profit drops by 49% year-on-year in first half of 2024

Anhui Conch Cement’s profit drops by 49% year-on-year in first half of 2024

Written by Global Cement staff 28 August 2024
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China: Anhui Conch Cement recorded a decline in its net profit of 49% year-on-year in the first half of 2024, Reuters has reported. The group’s Building Materials Industry business reported a 21% year-on-year decline in its sales to US$4.71bn. Its Cement business also recorded declining sales, by 23% to US$3.87bn.

Published in Global Cement News
Tagged under
  • China
  • Anhui Conch
  • Results
  • Loss
  • GCW674
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