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BBMG's cement sales up 25.62% in 2011

Jan. 10, 2012 (China Knowledge) - BBMG Corp<2009>, a Beijing-based building materials manufacturer, announced yesterday that its cement sales jumped 25.62% year on year to 27.85 million metric tons last year.

The company said in a statement that it produced 27.93 million metric tons of cement in 2011, reflecting a robust growth of 33% from the previous year.

The Hong Kong-listed company saw its production output and sales of clinker reach 30.4 million metric tons and 9.83 million metric last year, up 40.74% and 40.03% year on year, respectively.

The company also added that its contracted property sales area amounted to 970,000 square meters last year, 7.78% more than that in 2010. The figure included 550,000 sq m of government-supported properties for low-income families.

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