Sinoma subsidiary Ningxia Building Materials 92% less money first in September

Updated: October 20, 2015  Views: 27

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Sina Financial News October 20, according to reports Finet, Sinoma (01893-HK) 's Shanghai A subsidiary of Ningxia Building Materials (600449-CN) announced the first nine months of the end of September this year ended achieved operating income of 2.422 billion ( RMB below), down 22.2 percent on-year, recorded a net profit of 21.3 million yuan, dropped 92.3%. The company refers to the performance of the regional cement setback mainly due to excess capacity, lack of market demand and other factors, the company cement and ready-mixed concrete sales volume and sales prices decline. (Natural)


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