Conch Cement's net profits up in 2018


(MENAFN) Major Chinese cement producer Anhui Conch Cement Co. Ltd. saw net profits attributable to shareholders increase 88.1 percent year-on-year to 29.8 billion yuan during last year.

The company said in its annual financial results filed to the Shanghai Stock Exchange that 2018 revenues went up 70.5 percent year-on-year to 128.4 billion yuan

Shares of Conch Cement closed 1.89 percent lower at 37.35 yuan on Friday in Shanghai.

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