Dongwu Cement forecasts revenue boost due to increased sales and prices

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China: Dongwu Cement has forecast that its sales revenue will rise by 60% year-on-year to US$56.4m in 2017 from US$35.2m in 2016. It has attributed the boost to increased sales volumes and the price of cement, according to ET News. Its profit is forecast to more than double to US$10.7m from US$2.37m. The cement producer will release its full annual results later in March 2018.

URL: https://globalcement.com/news/item/7259-dongwu-cement-forecasts-revenue-boost-due-to-increased-sales-and-prices

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