China: Anhui Conch has reported that its net profit fell by 30.7% year-on-year to US$276m for the first quarter of 2015 from US$399m for the same period in 2014. Revenue fell by 11.1% to US$1.81bn from US$2.04bn. The major Chinese cement producer attributed to the fall in profit to a drop in product prices.
Anhui Conch reports profit drop by 30.7% to US$276m in Q1
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