Asia Cement (China) Holdings (HKG:0743) has said that it expects net profit for the year ended 31 December 2011 to rise over 140% compared to the net profit of RMB510.9 million for the year of 2010.

The increase in the group's net profit in 2011 was primarily attributable to: the increase of production capacity and sales volume after the full operation of No. 3 new dry process rotary kiln at Sichuan Yadong Plant, No. 1 new dry process rotary kiln at Huanggang Yadong Plant, No. 4 new dry process rotary kiln at Jiangxi Yadong Plant, No. 2 new dry process rotary kiln at Hubei Yadong Plant and Wuhan Yaxin Cement Co, Ltd.; and the significant increase in average selling price of the company's products compared with that of the corresponding period of the previous year.