Conch Cement profit jumps to 29b yuan in 2018

Thursday, March 21, 2019

Anhui Conch Cement Company (0914) reported today net profit for 2018 jumped by 87.8 percent year-on-year to 29.85 billion yuan.

The group's revenue amounted to 128.4 billion yuan, rose by 70.5 percent from 2017, and basic earnings per share were 5.63 yuan. A final dividend of 1.69 yuan per share was proposed.

Shares of Conch Cement surged by 4.2 percent, or HK$1.85, to close at HK$45.95.