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News Tianrui Cement raises prices to grow profit in first half of 2019

Tianrui Cement raises prices to grow profit in first half of 2019

Written by Global Cement staff 21 August 2019
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China: Tianrui Cement’s revenue rose by 27.6% year-on-year to US$778m in the first half of 2018 from US$610m in the same period in 2017. Its profit grew by 63.9% to US$131m from US$80m. Its cement sales volumes rose by 9.8% to 14.6Mt. Sales increased faster in Central China than Northeastern China. It attributed the result to its market strategy and increased prices.

Last modified on 21 August 2019
Published in Global Cement News
Tagged under
  • China
  • Tianrui
  • Results
  • GCW419

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