Operating profit at Anhui Conch Cement fell 31 per cent YoY to CNY7.05bn (US$1.1bn) in the nine months through September on the back of weaker demand and pricing competition. Revenue dropped 13 per cent to CNY37.9bn, the Shanghai-listed company reported Tuesday.
US tariffs will hit Greek and Canadian cement producers hardest
Canadian and Greek cement producers will be hit hardest by US tariffs. Adding to the already ann...