China: China Resources Cement's profit attributable to owners for the nine months that ended on 30 September 2015 fell by 60.6% year-on-year to US$165m. Sales fell by 15.5% year-on-year to US$2.55bn. The decline was mainly attributable to lower sales prices of cement and clinker. For the three months that ended on 30 September 2015, China Resources Cement reported a loss of US$32m, compared to the profit of US$155m for the same period of 2014.
China Resources Cement’s nine-month profit falls by 60.6% to US$165m
Written by Global Cement staff
Published in
Global Cement News
Tagged under
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.
URL: https://globalcement.com/news/item/4275-china-resources-cement-s-nine-month-profit-falls-by-60-6-to-us-165m
© 2024 Pro Global Media Ltd. All rights reserved.