Asia Cement (China) Returns to Profit in H1

MT Newswires Live

08/07

Asia Cement (China) (HKG:0743) returned to an attributable profit of 114.4 million yuan in the first half from an attributable loss of 404.9 million yuan in the year-ago period, according to a Thursday filing with the Hong Kong bourse.

The cement manufacturer returned to earnings per share of 0.073 yuan from a loss per share of 0.258 yuan in the prior-year period.

Revenue declined to 2.50 billion yuan from 2.69 billion yuan in the year-ago period.

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