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The Five-year Shareholder Returns and Company Earnings Persist Lower as China West Construction Group (SZSE:002302) Stock Falls a Further 5.3% in Past Week
Anhui Conch Cement, China West Construction Mutually Terminate Share Subscription Deal
After three years of planning, the leading Cement company in the A-share market has changed its decision! Subscription has been terminated.
The market environment has undergone a "great change".
Western Construction: 2024 Annual Results Forecast
China West Construction Group (002302.SZ): Expected loss of 0.2 billion yuan to -0.4 billion yuan for the year 2024.
On January 20, Gelonghui reported that China West Construction Group (002302.SZ) announced its performance forecast for 2024. The net income attributable to shareholders of the listed company is expected to be a loss of 0.2 billion to -0.4 billion yuan, compared to a profit of 644.9079 million yuan in the same period last year; the net income after deducting non-recurring gains and losses is projected to be a loss of 0.276 billion to -0.476 billion yuan, while last year’s profit was 571.8724 million yuan; the basic EPS is expected to be a loss of 0.1788 yuan/share to 0.3372 yuan/share. The main reason for the changes in the company’s performance during the reporting period is the impact of the downturn in the commodity concrete market in the area covered by the company.
Western Construction: Business Briefing for the Fourth Quarter of 2024
