Time:2012-11-01 00:00
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On October. 30, 2012, UBS issued the study report, which expects that the profits of the next two years of Anhui Conch Cement will consecutively increase.
UBS pointed that since August, the cement price in east and south China, increased by 20% to 30%, which is better than market expectations, and the gross profit per ton of Conch cement has increased to RMB 75-80. If the price keeps at a high level, the supplier will benefit.
Source: Financial World