Time:2015-10-29 00:00
See:
As the third report issued by Conch Cement, the operation revenue from January to September in 2015 is 37.97 billion yuan, down 13.1% year-on-year. The net profit belongs to shareholders is 6.1 billion yuan,down 25.3% year-on-year.
From January to September in 2015, the national cement output falls 4.7% year-on-year and the decreasing range is large. For Conch Cement, the operation profit falls 50% year-on-year. However,during the stock market fluctuation this year, Conch Cement reduces share of Jidong and Qingsong and takes flexible market strategy, the net profit of first three quarters falls only 29.26% which much less than industry decreasing. It is not easy to keep stable performance in the Cold Wave of Cement Market this year.(translator:Donghang)