Cement News tagged under: Henan Tongli Cement
Henan Tongli profit declines, China05 March 2014, Published under Cement NewsHenan Tongli Cement Co Ltd earned a net profit of CNY66.38m (US$10.83m) in 2013, a YoY decline of 59.58 per cent, China Business Newswire reported. Meanwhile, operating revenue decreased 2.89 per cent YoY to CNY4bn. The company attributed the downward trend in profit to low production capacity and a decrease in product price. |
Tongli Cements reports decline in 2012 profit01 March 2013, Published under Cement NewsHenan Tongli Cement has reported a 2.38 per cent decline in operating revenue for 2012 to CNY4.12bn (US$661m). The company's net profit for 2012 fell 31.79 per cent YoY to CNY164m, with basic earnings per share of RMB 0.5, according to reports in China Business Newswire. Tongli Cement plans to convert three shares from the capital surplus for every ten shares based on its share capital of 328 million shares. |
Henan Tongli Cement nine-month net profit declines, China26 October 2012, Published under Cement NewsHenan Tongli Cement Co Ltd reported a net profit of CNY138m (US$22m) for the first three quarters of 2012, a YoY decline of 6.86 per cent. Operating revenue during the period climbed 4.19 per cent YoY to CNY3.13bn. The Shenzhen-listed cement producer said net profit for the third quarter slumped 30.28 per cent YoY to CNY41.16m, while operating revenue grew 18.64 per cent YoY to CNY116bn. |
Tongli Cement posts 19.28% net profit fall, China13 April 2012, Published under Cement NewsHenan Tongli Cement Co Ltd said on 11 April that it reaped a net profit of CNY25.99m in the first quarter of 2012, down 19.28% on-year, China Business Newswire reports. Basic earnings per share were CNY0.1. Meanwhile, the company's operating revenue dipped 3.6% on-year to CNY869m, |
Henan Tongli Cement net profit surges, China08 March 2012, Published under Cement NewsHenan Tongli Cement, a cement producer based in the Henan Province of China, announced a net profit of CNY240.74m (US$38.1m) for 2011 which represents an 87.35 per cent YoY increase. Operating revenue, meanwhile, totaled CNY4.02bn, up 44.6 per cent on the previous year. |
Tongli Cement acquisition, China19 January 2012, Published under Cement NewsHenan Tongli Cement plans to acquire 100 per cent of Yima Coal Industry (Group) Cement Co Ltd from its majority shareholder Yima Coal Industry (Group), Sinocast reports. In view of the fact that the target company’s net assets are estimated to be negative CNY15.68m, the equity transfer price is CNY1. However, because the cement company is heavily in debt, Tongli Cement will provide CNY440m entrusted loans before the equity transfer and inject an additional CNY300m after the acquisition. Yi... |
Tongli Cement expects 83% rise in net profit18 January 2012, Published under Cement NewsChinese cement producer, Henan Tongli Cement, expects an 83 per cent rise in net profit for 2011 at CNY235m, up 83 per cent YoY. Earnings per share for the Henan Province-based producer are reported to be CNY0.93. Source: China Daily Newswire |
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