China cement sector profits rise 29.7% Jan-Aug 2014

The total profit of China's cement industry increased year-on-year by 29.7% to US$7.51 billion (CNY 46.20bn) during January to August 2014, according to the National Bureau of Statistics. Out of 31 provinces and autonomous regions in China, Shandong and Anhui provinces topped the ranking with an average profit of above $812.81 million (CNY 5 billion). Inner Mongolia, Shanxi, Beijing and Xinjiang reported losses in the eight-month period, with Xinjiang and Shanxi posted the biggest losses at $102.41 milli

October 6, 2014 Read time: 1 min

The total profit of China's cement industry increased year-on-year by 29.7% to US$7.51 billion (CNY 46.20bn) during January to August 2014, according to the National Bureau of Statistics.

Out of 31 provinces and autonomous regions in China, Shandong and Anhui provinces topped the ranking with an average profit of above $812.81 million (CNY 5 billion). Inner Mongolia, Shanxi, Beijing and Xinjiang reported losses in the eight-month period, with Xinjiang and Shanxi posted the biggest losses at $102.41 million (CNY 630 million) and $117.04 million (CNY 720 million) respectively.

Among the six major cement regional markets in China, the northern region was the only market that suffered losses. The largest profit contributor was the eastern region, with profits jumping 138% to $3.18 billion (CNY 19.6 billion). The profit of the southern cement market grew 98% to $2.73 billion (CNY 16.8 billion).

Quarry Products

China cement industry profits down 67.6% in Q1 2015

China’s cement industry profits fell by 67.6% in Q1 2015 compared to the same period of 2014 US$520.88 million (CNY 3.23 billion), while total sales value fell by a far more modest 6.86% to $28.98 billion (CNY 177.2 billion). Further figures released by the National Bureau of Statistics (NBS) revealed that the Chinese cement industry’s profit margin fell by 3.42% to 1.82%.

NBS figures by national province showed that Shanxi Province and Hebei Province recorded a loss of $94.86 million (CNY 580 million)

October 7, 2015

Export sales by Italian companies grew by 5.9% in H1, 2015

February 27, 2014

China’s cement output up 9.57% to 2.41bn tonnes in 2013

China's cement output in 2013 rose by 9.57% year-on-year to 2.41 billion tonnes, up from 2.18 billion tonnes in 2012.

Only Shanghai, Liaoning and Hebei reported negative growth with Shanghai down by 5.65%.

The cement sector posted a total profit of CNY 76.60 billion (€9.15 billion/US$12.57 billion) in 2013, up 16.4% from CNY 65.7 billion in 2012 but still down from CNY 102 billion in 2011.

July 31, 2015

China’s cement industry profit falls in January-June 2015

November 2, 2015

Overall profit of China’s cement industry falls in September

In September 2015, overall profit of the cement industry in China fell about CNY 4.1 billion (€586.23 million/US$645.88 million) to CNY 2.7 billion when compared with September 2014.

According to statistics released by the National Bureau of Statistics, overall profit of the cement industry fell around 65% or CNY 34.9 billion to about CNY 18.4 billion in January-September 2015.

The average monthly profit of the industry for the first nine months of 2015 was reported at CNY 2 billion, nearly one-third

August 27, 2014

Chinese cement firm revenues rise Jan-June 2014

China Gezhouba Group posted a year-on-year growth of 23.65% in revenue to US$5.8 billion (CNY 35.68 billion) January to June 2014. China Gezhouba, which is involved in property development, cement production and construction projects such as roads, railways, sewage and water supply, signed $11.42 billion (CNY 70.44 billion) worth of new contracts in the six-month period. The company's net profit increased 48.65% to $204.38 million (CNY 1.26 billion).

Meanwhile, fellow Chinese firm Allied Cement Holdings