Anhui Conch Cement ranked as China's top cement company

Byyuanyanping

Updated Mon, 28 Jul 2014 16:57:53 GMT

Anhui Conch Cement Company ranks as first in terms of comprehensive strength among Chinese listed cement companies in 2014, according to a latest list released by the China Cement Association. China National Building Materials (CNBM), with a grade of 219.19 and China Resources Cement Holdings, with a grade of 72.72, followed the 239.97-graded Anhui Conch on the list.

The China Cement Association conducted the evaluation among companies matching the following criteria: Chinese mainland-based independent listed company; clinker production capacity of 3Mt/yr or above; main business of cement contributing at least 25% to company’s total revenue; listed on Shanghai, Shenzhen or Hong Kong bourse. The assessment indicators included sales of cement (50%), total pre-tax profit (20%), total company assets (10%) and market value (20%).