China Shanshui Cement Group Limited Provides Earnings Guidance for the Year Ended 31 December 2018
January 17, 2019 at 11:23 pm EST
The board of directors of China Shanshui Cement Group Limited informed the shareholders of the Company and potential investors that, based on its preliminary review of the relevant financial statements of the Group, it is expected that the unaudited profit attributable to equity shareholders of the Company for the year ended 31 December 2018 will increase substantially as compared with that of the same period in 2017. The Board considers that the above expected increase was primarily due to the increase in the price of cement, being the major product of the Group.