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Conch Cement sees net profits up 88 pct in 2018

2019-03-22 16:27

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SHANGHAI, March 22 (Xinhua) -- Leading Chinese cement producer Anhui Conch Cement Co. Ltd. saw net profits attributable to shareholders soar 88.1 percent year-on-year to 29.8 billion yuan (4.45 billion U.S. dollars) in 2018.    

In its annual financial results filed to the Shanghai Stock Exchange, Conch Cement said revenues for 2018 rose 70.5 percent year-on-year to 128.4 billion yuan.    

Shares of Conch Cement closed 1.89 percent lower at 37.35 yuan on Friday in Shanghai.
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