Asia Cement (China) (00743) said its profit attributable to owners for the nine months ended 30 September 2014 rose 35.8% year-on-year to Rmb531 million.
Its basic and diluted earnings per share were Rmb33.9 cents.
The revenue was Rmb5,958 million, an increase of 21.2% from a year earlier.
Increase in revenue and net profit was mainly attributable to an increase in sales volume and average selling price of the company's products and a decrease in cost of coal.
The gross profit margin was 22%, up by 4 percentage points from that of the corresponding period of the previous year.
It is anticipated that sales volume of all types of cement products of the Group could exceed 30 million tonnes in 2014, representing a 12% growth when compared with 2013's 26.73 million tonnes, while profit target is expected to be met.
24/10/2014 16:38
Asia Cement (00743) 9-month net up 36% to Rmb531m
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