China Resources Cement Holdings Ltd. provided earnings guidance for the year ended December 31, 2015. For the year, the company expects profit attributable to the owners of the company to significantly decrease as compared with that of the year ended December 31, 2014. Such decrees is primarily attributable to: the lower selling prices of cement and clinker in China in 2015 a compared with those in 2014; and the depreciation of Renminbi against other currencies since the beginning of the third quarter in 2015, resulting in exchange loss generated from non-Renminbi denominated net borrowings.
China Resources Building Materials Technology Holdings Limited
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1313
KYG2113L1068
Construction Materials
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