Jiangxi Cement net profit 100%~150% this year

Jiangxi Cement (000789.　　SZ) released its results today announced that the company is expected to achieve a net profit of January-December this year 132 million ~1.65 billion, year-on-year growth 100%~150%.　　The company expects January-December basic earnings per share of 0.33 yuan ~0.42 yuan, year-on-year growth 100%~150%.　　At the same time, the company is expected to achieve net profit in the fourth quarter of 149 million ~1.82 billion, year-on-year growth 229%~302%, basic earnings per share of 0.36 yuan ~0.46 yuan, the year-on-year growth 229%~302%. The announcement said that the main reason for the increase in performance is the increased capacity in 2010, the company continued to promote the standard management, cement production capacity to give full play to show the two flourishing situation, as well as into the fourth quarter of the company's sales area of the increase in cement demand, the occurrence of increased prices.