West China Cement's revenue grows 1.5% in H1 2014

West China Cement's revenue increased 1.5% from a year ago to CNY 2bn (€242.51 million/US$324.7 million) during January to June 2014, thanks to higher average selling price of cement. Due mainly to foreign exchange losses, the cement maker recorded a 4.8% decline in net profit to CNY 160 million. The EBITDA of West China Cement rose 11.7% to CNY 635 million.

August 19, 2014 Read time: 1 min

West China Cement's revenue increased 1.5% from a year ago to CNY 2bn (€242.51 million/US$324.7 million) during January to June 2014, thanks to higher average selling price of cement.

Due mainly to foreign exchange losses, the cement maker recorded a 4.8% decline in net profit to CNY 160 million. The EBITDA of West China Cement rose 11.7% to CNY 635 million.

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