[Video] Increase production capacity by 5.1 million tons! Huaxin Acquires 100% Equity of Foreign Enterprise

2023-10-20 17:30:36

Recently, Huaxin Cement signed an agreement with the foreign side to acquire 100% equity of Brazil Natal Cement Co., Ltd.

The Target holds business segments in South Africa and Mozambique. The cement production capacity of South Africa business segment is about 1.8 million tons per year, and that of Mozambique business segment is about 3.3 million tons per year. Over the past

10 years, Huaxin has built or operated nearly 20 large-scale cement plants in 11 "the Belt and Road" countries, with a total cement production capacity of 20 million tons.

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Correlation

[Video] Increase production capacity by 5.1 million tons! Huaxin Acquires 100% Equity of Foreign Enterprise

Recently, Huaxin Cement signed an agreement with the foreign side to acquire 100% equity of Brazil Natal Cement Co., Ltd.

2023-10-20 17:30:36

CEMPI

102.27

-0.24 -0.23%

CONCPI

86.76

+0.11 +0.13%

CLKPI

107.56

+0.83 +0.78%

SPPI

42.11

+0.13 +0.31%

MORPI

71.86

+0.03 +0.04%

Conch Cement: Net profit in the first three quarters was 2.743 billion yuan, down 56.89% year-on-year.

On October 28, Conch Cement released the third quarter report of 2026. In the first three quarters of 2026, the operating income was 56.222 billion yuan, a year-on-year decrease of 8.58%; the net profit attributable to parent company was 2.743 billion yuan, a year-on-year decrease of 56.89%; the net profit deducted from non-profits was 2.009 billion yuan, a year-on-year decrease of 66.50%.