Date
20 July 2018

Anhui Conch Cement’s Jan-Sept net profit up 37%, paper says

Anhui Conch Cement Co., Ltd. (00914.HK, 600585.HK) said in an exchange filing on Monday that net profit for the nine months to September rose 36.82 percent year on year to 5.384 billion yuan (US$884.895 million), while revenue for the period was up by 14.76 percent to 37.01 billion yuan, the Panorama Network reported Monday. The company said increases in product prices and sales volume, as well as investment gains, contributed to the improvement in its results, the report said.

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