Chinese economy has started to recover while the global financial crisis is still under its way. CNBM (HK3323) has made great achievements in capital operation, consolidation and restructure, and management integration. All operation indicators have greatly increased.
CNBM interim report shows that operation income is RMB14.1 billion with an increase of 43%. Net profit is RMB850 million with an increase of 56%. Profit per share is RMB0.352 with an increase of 43%.
CNBM has made excellent achievements in the first half. First, main product manufacturing capacities have been increasing. By June 30th 2009, cement manufacture capacity had reached 137 million tonnes, gypsum board manufacture capacity had reached 566 million sq. meters, and rotor blade manufacture capacity had exceeded 5000. Second, management integration had developed. Third, operational results had been greatly increased. Increase in profit and operation income are both ranked top among public listed cement companies.