China’s cement industry profit falls in September

Overall profit of the cement industry in China fell In September 2015, about $645.88m (CNY 4.1bn) to CNY 2.7bn compared with the previous year.

Overall profit of the cement industry fell around 65% or CNY 34.9bn to about CNY 18.4bn in January-September 2015, according to statistics released by the National Bureau of Statistics.

The average monthly profit of the industry for the first nine months of 2015 was reported at CNY 2bn, nearly one-third of the CNY 5.9bn recorded in 2014.


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