China Resources Cement Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ending June 30, 2017
May 12, 2017 at 06:17 am EDT
China Resources Cement Holdings Limited provided unaudited consolidated earnings guidance for the six months ending June 30, 2017. The group's profit attributable to the owners of the company for the six months is expected to significantly increase as compared with that of the corresponding period in 2016, primarily attributable to the higher selling prices of cement products during the period. The average selling price of the group's cement products was HKD 291.4 from January to April 2017, as compared with HKD 229.7 for the same period in 2016, representing an increase of 26.9%.