China’s cement industry profit falls in January-June 2015

In China, total profit of the cement industry during January-June 2015 fell by 61% year-on-year to CNY 13.27 billion (€1.93 billion/US$2.14 billion). Among the total, the cement industry in the Northwest, Northeast and North China areas generated a loss of CNY 670 million, CNY 289 million and CNY 1.74 billion respectively, while profit of the cement sector in the Southwest, Middle-south and East China areas hit CNY 797 million, CNY 7.46 billion and CNY 7.71 billion respectively. In June 2015 alone, th

Quarry Products / July 31, 2015

In China, total profit of the cement industry during January-June 2015 fell by 61% year-on-year to CNY 13.27 billion (€1.93 billion/US$2.14 billion).

Among the total, the cement industry in the Northwest, Northeast and North China areas generated a loss of CNY 670 million, CNY 289 million and CNY 1.74 billion respectively, while profit of the cement sector in the Southwest, Middle-south and East China areas hit CNY 797 million, CNY 7.46 billion and CNY 7.71 billion respectively.

In June 2015 alone, the nationwide combined profit of the industry hiked by 17.74% month-on-month to CNY 3.94 billion, while gross margin hit 12.76%.

The data has been published by the National Bureau of Statistics.