Gansu Qilianshan's net profit surges, China

Gansu Qilianshan Cement Group Co Ltd earned a net profit of CNY110m (US$18m) in the first half of 2013, a YoY rise of 314 per cent.

The cement producer saw operating revenue advance 24.57 per cent YoY to CNY2.31bn, with basic earnings per share of CNY0.18.