Asia Cement’s 2014 revenue growth of 11.77%

In China, Asia Cement posted a year-on-year growth of 11.77% in revenue to CNY 8.19 billion (€1.24 billion/US$1.31 billion) in 2014, thanks to its acquisition of Sichuan Lanfeng Cement and higher output from Jiangxi factory. The company's net profit fell 3.97% to CNY 790 million.
March 17, 2015 Read time: 1 min

RSSIn China, 6819 Asia Cement posted a year-on-year growth of 11.77% in revenue to CNY 8.19 billion (€1.24 billion/US$1.31 billion) in 2014, thanks to its acquisition of Sichuan Lanfeng Cement and higher output from Jiangxi factory.

The company's net profit fell 3.97% to CNY 790 million.

Quarry Products

For more information on companies in this article

Related Content

November 1, 2012

Asia-Cement to build plant in Nizhny Novgorod region of Russia

Asia-Cement is building a cement plant in the Nizhny Novgorod region (Volga). The first stage will be launched in 2013, the second in 2015. The designed capacity is up to two million tonnes of PTs-50 cement per annum. Investments are estimated at over €271.18 million (RUB 11bn), with €122.81million (RUB 5bn) already spent. Asia-Cement, VEB, and the Export-Import Bank of China have provided funds for the project. The enterprise profitability is expected to reach 5-6%, revenue €307.03 million (RUB 12.5bn), pr

boombox1

Highlighted Content

boombox2