Sinopec’s Profit Grows 23.6%

HONG KONG (Yosefardi) – China Petroleum & Chemical Corporation (Sinopec), one of the world’s largest companies, booked net profit of RMB30.28 billion in the first half ended June 30, 2013, an increase of 23.6% from the corresponding period of 2012. The...

Shanshui Cement’s Profit Plummets 52%

HONG KONG (Yosefardi) – China Shanshui Cement Group Ltd, one of the largest cement producers in the region, booked net profit of RMB348 million in the first half of 2013, dropped by 52.2% from the corresponding period of 2012. Shanshui generated sales revenue of...
Cement Sales Grows 7% by July

Cement Sales Grows 7% by July

JAKARTA (Yosefardi) – Domestic cement sales grew by 7% to 32.9 million tons in January-July period of this year, from 30.7 million tons in the same period of last year. The growth was mainly boosted by property and infrastructure sectors. Semen Indonesia sold...