Chinese cement producer and property developer BBMG Corp said its 2014 net profit is expected to fall by up to 25 per cent from the year earlier, on weaker sales in the property market. The company did not give exact figures for its profit warnings, but said it posted a net profit of CNY3.2bn (US$523m) in 2013.
Vietnam cement sales see modest growth in 2024
Total Vietnam cement sales, including domestic and export sales, amounted to 8.333Mt in December...