Two Conch subsidiaries hit September highs

Anhui Conch Cement Co Ltd reported that output and sales of its major subsidiaries hit record highs in September.

The company's Foshan subsidiary in south China's Guangdong province saw daily sales exceed 10,000t for five consecutive days in September, with average daily sales stablising at 8000t, according to a Xinhua-run cnstock.com report.

Conch claimed that the subsidiary's September output, sales, clinker cement outturn all hit new highs in 2014, with output and clinker cement outturn reaching historical highs.

In central China's Jiangxi province, its Ganjiang subsidiary witnessed YoY sales growth of 67 per cent, and the production of its Nanchang subsidiary beat an earlier target to hit a peak over past six years.

The company's production in South China's Guangxi was also robust. Its Beiliu unit completed 104.38 per cent of its production target in the third quarter, while its Tongling unit produced over 10Mt of clinker cement in the first nine months of the year.