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Huaxin Cement Co Ltd Revises FY 2012 Net Profit Outlook


Tuesday, 29 Jan 2013 07:00pm EST 

Huaxin Cement Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to decrease by 48%, compared to the net profit of FY 2011 (RMB 1,075,270,000). The Company previously announced that it expected the net profit to decrease by above 50%. The Company cited the higher cement price, the lower coal price as well as the controlled purchase cost, production cost and administrative cost as the main reason for the revision. 

Company Quote

7.54
-0.01 -0.13%
22 Aug 2014