Xinjiang Tianshan Cement Co Ltd issued CNY500m (US$80m) worth of financial bills on 29 April 2014 with a maturity of 365 days and a coupon rate of 5.97 per cent, according to a recent company announcement.
The northwest China-based cement manufacturer intends to spend CNY200m worth of proceeds from the issuance to repay bank loans and use the remaining CNY300m to replenish working capital.
Crown Cement earned a profit after tax of BDT1001m in FY24
Crown Cement PLC, in Bangladesh, recently released its annual report for FY23-24. During the las...