China's Ministry of Industry and Information Technology (MIIT) has announced that the aggregate net profit recorded by the Chinese construction material sector in the January-September period of the current year reached RMB 188.4 billion (RMB 30.67 billion), up 62 percent year on year.
The construction material sector in western China saw a 26 percent year-on-year increase in its aggregate net profit in January-September, while the net profits in the provinces of Yunnan, Shanxi, and Gansu and in Ningxia Hui Autonomous Region saw decreases in excess of 10 percent.
Net profit in China’s construction material sector up 62 percent in Jan-Sept
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