On 23rd August 2017, China Conch Cement held 2017 interim result conference in Hong Kong, and revealed the future plan to further develop construction aggregates sector.
In the first 6 months of 2017, Conch Cement sold 9.47 million tons aggregates and gained 150 million RMB profit. Conch Cement said the sale amount of aggregates may exceed 20 million tons in 2017 full year forecast.
Conch Cement said the group will launch 17 construction aggregates projects and gains 100 million tons annual capacity by the end of 2020. By the end of 2018, 2 already launched aggregates projects will push Conch`s current 24.9 million tons capacity to 50 million tons per year.
Editor: David Zhao