Saudi based firm has yet to start up operations.
Cement maker credits higher sales, lower administrative expenses for the rise.
Five cement makers post more than 500 million yuan in cumulative losses.
Firm also keeps $69.10 target price for Swiss cement maker.
Earnings for Saudi based company increased more than 8% for the period.
Firm looking to raise as much as $5.4 billion.
Firm doubles earnings in the first nine months of the 2013 fiscal.
Firm will open its order book for 15 days until May 8.
Lower average selling prices pulled margins for the Saudi cement maker.
China based firm says one of its units will build a new aggregates exploration unit.
Firm credits increased efficiency as production rose.
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