Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

 Search News  Or
Shuangma Cement posts 28.23% drop in net profit for 2011

Apr. 16, 2012 (China Knowledge) - Sichuan Shuangma Cement Co. Ltd<000935>, a China-based producer and distributor of cement and electric power controlled by Lafarge China Offshore Holding Company Ltd, announced yesterday that its net profit fell 28.23% year on year to RMB 331 million last year, due to higher costs of raw materials and fuel.

Basic earnings per share were RMB 0.26 in 2011, down 33.33% year on year.

The company's operating revenue rose 17.44% year on year to RMB 2.03 billion last year.
Sichuan Shuangma Cement produced 6.58 million metric tons of cement last year, 21.08% more than in the previous year as the No. 3 production line of Lafarge Dujiangyan Cement Co started operation in the second half of 2010. Cement sales rose 19.40% year on year to nearly 6.58 million metric tons.

In 2012, the company aims to increase its cement sales to 7 million metric tons.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved