Jidong Cement profit for nine months declines nearly 90%

Bya897204973

Updated 2014-10-24

Jidong Cement said on October 13 its net profit for nine months attributable to owners is expected to be 17.57 million yuan to 26.35 million yuan, a YoY decline of 85% to 90%. During the nine months, its net profit of 2013 reached 176 million yuan, basic earnings per share is expected to be 0.013 yuan to 0.020 yuan while last year's was 0.130 yuan in the year-ago period.

In 3Q14, net profit attributable to owners was 188 million yuan to 205 million yuan, a YoY decline of 40% to 45% compared to 342 million yuan net profit in the year-ago period. Basic earnings per share in 3Q14 is expected to be 0.140 yuan to 0.152 yuan while it was 0.254 yuan in 3Q13.



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