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
November 2, 2015 Read time: 1 min

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 of the CNY 5.9 billion recorded in 2014.

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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)

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