Epic : WCC

Last Results : http://www.investegate.co.uk/Article.aspx?id=200703270701277583T


The Company, which is headquartered in Xi'an the provincial capital of Shaanxi Province, operates three cement production plants in Pucheng, the first of which has been operational since 1977 and now have a combined production capacity of 1.5 million tonnes per annum. Two new lines are coming on line soon which will boost output by an additional 2 million tones. Some of this additional output will be seen in 2007 financial year, the rest in 2008 financial year.

The PRC Government is actively promoting the restructuring of the Chinese cement industry with a shift away from small-scale producers towards large, modern environmentally friendly production plants. This will benefit WCC are the smaller and more polluting plants are shut down and production at larger more efficient plans is ramped up, eg WCC.


Activities

The Group manufactures three types of cement, as well as clinker, a cement compound:

* Ordinary Portland Cement is a mixture of clinker, mineral admixtures (accounting for 6 to 15 per cent.) and gypsum, which is widely used in industrial and civil construction projects

* Flyash Portland Cement is a mixture of clinker, flyash and gypsum. The content of flyash by weight ranges from 20 per cent. to 40 per cent.depending on its intended use

* Composite Portland Cement is a mixture of clinker, at least two kinds of prescribed mineral admixtures and gypsum, which is widely used in industrial and civil construction projects

* Clinker is the base of the above mentioned products, the principal raw material of which is limestone. The Group does not intend to sell clinker as a separate product in the future

RNS Number:8790A West China Cement Limited
26 July 2007

West China Cement Limited ("West China Cement" or the "Company")

Trading Update

The Directors of West China Cement are pleased to announce the following trading
update.


First Half Trading
The cement market in Shaanxi Province remains buoyant and the Company has
benefited from firmer pricing which, coupled with improved cost control and
expanded capacity, means that profits for the first half of 2007 will be ahead
of the comparative period in 2006 and on track to meet market expectations for
the full year.


Lantian update
The Company's new production line at Lantian, 35km from Xian, commenced
production earlier this year. The first production line at Lantian, with
capacity for producing one million tonnes of cement per annum, is currently
operating at approximately 95% of designed capacity. The second production line,
of an additional one million tonnes, is now anticipated to commence operations
in August, ahead of the previously indicated timetable.

During the course of the construction of the Lantian plant, a number of
additional opportunities to improve the efficiency of the plant have emerged.
The Company has spent an additional RMB 47 million on these opportunities,
meaning that the total capital cost of the project is expected to be
approximately RMB470 million. These projects include facilities enabling the use
of de-sulphurised gypsum in the production process, increasing the capacity to
use wet fly-ash rather than dry and bringing the crushing of limestone in-house.
These enhancements are expected to lead to operating cost reductions and the use of de-sulphurised gypsum contributes to the PRC Government's green agenda.

Ankang
The directors of West China Cement are pleased to confirm that the local and
provincial governments have granted the Company authority to build a plant with
capacity of 1.8 million tonnes per annum in the Ankang area, in the south of
Shaanxi Province. After due consideration, the Board has today approved the
project and pre-construction work is scheduled to begin by the end of August,
with completion provisionally scheduled for early in 2009. There are currently
no large scale cement production plants in the Ankang area, meaning that cement
has to be brought into the region from a long distance away, leading to pricing
levels above those in the regions in which the Company currently operates. The
Directors believe that the proposed plant will benefit from significant location
and scale benefits and that the Company has sufficient systems and procedures
and depth of management to continue to deliver and manage its expansion. Further
details on the Ankang project will be provided in the interim statement in
September.


Enquiries:

Brett Miller, Director, West China Cement Limited
Tel: +44 207-584 3663

Christopher Caldwell, Insinger de Beaufort
Tel: +44 207-190 7000

fantastic performance from a share which i am happy to admit i seem to have wrongly slated! .... at least i own up to an error, which is more than most others seem capable of

More good moves today.

West China Cement warns FY to be slightly below mkt views; H1 pretax up 72 pct
AFX


LONDON (Thomson Financial) - West China Cement Ltd said it expects its full-year results to be slightly below current market expectations even as it posted a higher pretax profit for the six months ended June 30.

The company said its outlook for the full year remains 'robust' but added that current trading has been hit by severe rains which disrupted the supply of limestone to the Lantian plants, causing temporary production delays.

In the first half, pretax profit rose 72 pct to 56 mln rmb, from 32 mln rmb in the previous year, while turnover grew 46 pct to 201 mln rmb.

my post of 13th june, though even less reason to buy now!

110p will be a fair value for WCC now...plenty of other better bets to choose from.

130p now

whoops! ..... did i forget to voice great caution when dealing with the chinese? ..... very remiss of me!

The Chinese are very cunning nowadays since they have been bitten once, twice shy from the past.

the chinese have been bitten? ..... more likely the dumb gweilos

What I meant was dated back to historical opium war when the Chinese were duped literally into letting the gweilos into China and siphoning their wealth and culture, cynic.

113.5p now...how come the China Olympics is not boosting this company???

perhaps because the chinese are crooked by occidental standards and the markets are just waking up to that fact

122p today...maybe this is the turning point for another huge spike towards 200p

big spike to puncture balloon!

Hahahaha...so funny, cynic...you got a great sense of humour

and i make fun of myself too

Despite the recent profits, WCC has not even budge...looks like the Chinese are keeping the money to themselves...SELL.

about time someone started to agree with me!

Shareholders don't get any benefit from below, it is a tragedy, cynic.


West China Cement Limited
31 March 2008

Full Year 2007 Preliminary Results

Strongest results to date lay foundations for significant future growth

31 March 2008: West China Cement (WCC), the producer and distributor of cement based in the western Chinese province of Shaanxi, whose shares are quoted on the London Stock Exchange's AIM market, today announced its preliminary results for the year ended 31 December 2007.

Key financial highlights

Revenues increased to Rmb 526 million (37.6 million) from Rmb 307
million (21.9 million) - up 71 per cent

Record post-tax profit of Rmb 150 million (10.7 million), a 69 per
cent increase over 2006