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Dec 19 (Reuters) - China Ceramics Co Ltd
* China Ceramics announces third quarter 2016 financial results
* China Ceramics says beginning on July 1, instituted a 10% reduction in prices of slow moving products which we hope will turn some of inventory into cash
* Qtrly earnings per share $0.06
* "for remainder of 2016 and into first half of 2017, we anticipate continued challenging market conditions"
* Q3 revenue RMB 251.2 million versus rmb 339 million
* Q3 earnings per share RMB 0.42 Source text for Eikon: Further company coverage: