China: Sinoma International Engineering’s sales revenue rose by 14% year-on-year to US$1.47bn in the first half of 2018 from US$1.29bn in the same period in 2017. Its net profit increased by 45% to US$94.6m from US$65.1m. The subsidiary of China National Building Material (CNBM) said that signed new contracts in the cement sector with a value of US$1.26bn in the reporting period, including seven cement production lines and two grinding units.
Sinoma International’s sales up by 14% to US$1.47bn in first half of 2018
URL: https://globalcement.com/news/item/7964-sinoma-international-s-sales-up-by-14-to-us-1-47bn-in-first-half-of-2018
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