Tianrui Cement raises prices to grow profit in first half of 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

URL: https://globalcement.com/news/item/9751-tianrui-cement-raises-prices-to-grow-profit-in-first-half-of-2019

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