vested
DJ Anhui Conch Cement 3rd-Quarter Net Profit Doubles At CNY3.06 Bln
HONG KONG (Dow Jones)--Anhui Conch Cement Co. (0914.HK), China's largest cement maker by output, said Tuesday its third-quarter net profit, more than doubled from a year earlier, due to higher product prices.
The Hong Kong- and Shanghai-listed company said in a statement its net profit for the three months ended Sept. 30 was CNY3.06 billion, up from CNY1.36 billion a year earlier, according to Chinese accounting standards.
Operating revenue rose 49% to CNY12.65 billion from CNY8.49 billion.
Source: Dow Jones Newswires