China Resources Cement Expects Significant Drop in 1H Net Profit

   By Joanne Chiu 
 Stock Market Quotes, Business News, Financial News from

China Resources Cement Holdings Ltd. (1313.HK) said Friday it expects a significant drop in first-half net profit from a year earlier, due to lower selling prices of cement products in China.

The Chinese cement producer didn’t give an exact forecast.

Write to Joanne Chiu at joanne.chiu[a]

Copyright (c) 2016 Dow Jones & Company, Inc.