China:Tapai Group's net profit reached a YOY increase of 51.91%

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Updated Thu, 12 Feb 2015 13:32:30 GMT

Tapai Group released its annual results of 2014 on February 10: the Company realized cement production of 14 million tons, sales of 13.9 million tons, a YOY increase of 17.09% and 14.76% respectively. The operating income reached 4456.7 million yuan, a YOY increase of 16.79%. net profit attributable to shareholders reached 608 million yuan, a YOY increase of 51.91%.

The good result is attributed to the growth of sales, the decrease of coal price and the improvement of capacity utilization.