South Cement Company Accelerated CNBM Business Achievements
公司要闻| 2008-12-11

  CNBM (3323-HK)publish interim report, which shows that prime operating revenue is 9.824 billion Yuan, with an increase of 169.6%. Net income is 0.546 billion Yuan, with an increase of 112.8%. Earnings per share are 0.247 Yuan.

  As the interim report shows, cement business takes 81% of the net income compared of 42% same time last year. South Cement Company takes more than one half of cement production of CNBM. South Cement Company has a net income of 0.255 billion Yuan. Cement price per tonne has risen from 10.5 Yuan last year to 16.5Yuan.

  With a rise in business achievement in the first six month this year, CNBM is expected a better achievement in the second half year. Mr. Song Zhiping, the Chairman of CNBM believed that CNBM will have a better performance in the second half year. Zhejiang Cement Association predicts that total cement dement in this year at least will be the same as last year, which means total cement demand will be 59 million tones in Zhejiang the second half year.

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