RNS Number : 7808U
West China Cement Limited
19 May 2008
West China Cement Limited
Annual General Meeting Statement
The Company is pleased to announce that all resolutions proposed at its Annual
General Meeting, held earlier today, were duly passed by shareholders.
Robbie Robertson, the Chairman, made the following remarks:
I am pleased to report that the company continues to build on the substantial progress
achieved in 2007, when profits increased by 69%
to £10.7 million and we produced 2.4m tonnes of cement. Specifically, demand remains firm,
and we have been operating at our full expanded
capacity of 3.5m tonnes per annum since the beginning of March. We are making substantial
progress in making up the backlog in production
and sales caused by the heavy snow which disrupted large parts of the country around the time
of the Chinese New Year.
Fortunately production was not affected by the earthquake on May 12, which had such tragic
consequences in Sichuan province.
Enquiries:
Brett Miller, West China Cement Limited
Tel: 020 7584 3663
Christopher Caldwell, NCB Stockbrokers Limited
Tel: 020 7071 5200
This information is provided by RNS
The company news service from the London Stock Exchange
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