Anhui Conch Cement (600585) posted a 74.12 percent year-on-year increase in 2010 net profit to 6.17 billion yuan, with earnings per share of 1.75 yuan, reports China Business News, citing a company filing.
Revenue rose 38.04 percent year-on-year to 34.51 billion yuan.
The cement producer plans to pay cash dividends of three yuan (pre-tax) and convert five shares for every 10 shares held.
The company attributed the earnings growth to increased market demand for cement and higher selling prices.
No comments:
Post a Comment