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China Shanshui Cement Group's H1 Loss Widens as Revenue Falls; Chairman Named
China Shanshui Cement 1H Rev CNY6.57B Vs. CNY8.85B >0691.HK
China Shanshui Cement 1H Loss CNY530.63M Vs. Loss CNY236.85M >0691.HK
China Shanshui Cement Faces Steep Losses in 2024
Shanshui Cement (00691.HK): Teng Yongjun appointed as Chairman of the Board of Directors and Executive Director.
Shanshui Cement (00691.HK) announced that Yongjun Teng has been appointed as the chairman and executive director of the board of directors, effective August 5, 2024.
Shanshui Cement (00691.HK) had a revenue of approximately 6.567 billion yuan in the first half of 2024, a year-on-year decrease of 25.8%.
Shanshui Cement (00691.HK) announced on August 5th that its revenue in the first half of 2024 was approximately RMB 6.567 billion, a decrease of 25.8% from the same period last year; the loss attributable to shareholders of the company in the first half of 2024 was approximately RMB 0.53 billion, while the loss attributable to shareholders of the company in the same period last year was approximately RMB 0.237 billion; the basic loss per share in the first half of 2024 was RMB 0.12. In the first half of 2024, the group continues to focus on refining its internal basic management to improve the quality of existing production operation and sustainable profitability. As of June 30, 2024, the group's water...
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