Tianshan Cement Announces Earnings, Production and Sales Results for the Year Ended Dec. 31, 2019
For the year, sales volume - cement was 16,638,000 tonnes against 15,428,000 tonnes a year ago. Sales volume - clinker was 4,849,000 tonnes against 4,034,000 tonnes a year ago.
Revenue increased by 22.5% to RMB 9,459.4 million in 2019 from RMB 7,724.6 million in 2018. Operating profit increased by 66.6% to RMB 2,721.7 million in 2019 from RMB 1,634.0 million in 2018.