综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Economy

Markets

Industries

Insights

Reports

Events

Huaxin Cement profits up 58% in 2008

By Zheng Lifei (chinadaily.com.cn)
Updated: 2009-03-11 11:46

Huaxin Cement Co, in which Swiss cement maker Holcim holds a 39.88 percent stake, posted a 58 percent jump in net profits in 2008, boosted by increased sales.

Related readings:  China's cement output jumps 17%  China's cement consumption expected to grow 6.3% in 2009  Jan cement output hits 82m tons, prices fall  CRH buys 26% of Jilin Yatai's cement operation

Its net profits rose to 460 million yuan ($67.25 million) last year, on sales of 6.34 billion yuan, up 33 percent from a year earlier, the company said in its earnings report on Wednesday.

The Shanghai-listed company sold 27.88 million tons of cement in 2008, up 20 percent from a year earlier.

Huaxin aims to sell 33.59 million tons of cement this year while sales revenue is expected to increase 40 percent, the company said.

The company plans capital expenditure of 4.29 billion yuan to upgrade and build new plants this year, and part of the fund is likely to be raised from the capital markets, the Hubei-based cement maker said.