West China Cement posts 6.8% revenue decline in 2014

West China Cement posted a 6.8% decline in revenue to CNY 3.88 billion (€585.94 million/US$619.44 million) in 2014, while profit dropped 90.5% year-on-year to CNY 35.9 million. The company's cement sales volume dipped 3.4%. A fall of 2.1 percentage points was recorded in its gross margin to 15.4%.
March 17, 2015 Read time: 1 min

RSS8042 West China Cement posted a 6.8% decline in revenue to CNY 3.88 billion (€585.94 million/US$619.44 million) in 2014, while profit dropped 90.5% year-on-year to CNY 35.9 million.

The company's cement sales volume dipped 3.4%. A fall of 2.1 percentage points was recorded in its gross margin to 15.4%.

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