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Board of directors meeting of Asia Cement (China) (00743.HK) was held on August 2 to consider and approve the midterm performance.
Asia Cement (China) (00743.HK) announced that the board of directors meeting is scheduled for August 2, 2024 (Friday) to consider and approve the mid-term performance of the company and its subsidiaries for the six months ending June 30, 2024, and to distribute mid-term dividends (if applicable), as well as to handle other matters.
ASIA CEMENT CH: DATE OF BOARD MEETING
Changjiang Securities: Cement continues to push up synergistically, bottom dividend value is showing.
According to a research report by Changjiang Securities, since May, with the continuous losses of small cement companies in the first half of the year, the leading cement companies have changed their strategies, strengthened their self-rescue mentality, and significantly enhanced their willingness to cooperate. From the price performance of the past two months, staggered price increases are still effective, and bottom signals are gradually becoming clear.
Sustainability Column: How is the Chinese market for geothermal power generation, which Buffett is interested in?
The electric energy hidden underground is becoming a clean resource mine in the eyes of technology giants and conglomerates.
Hong Kong stock market fluctuation | Cement stocks continue recent decline, cement sales difficult to improve, it is expected that cement sales will still show a downward trend year-on-year for the whole year.
According to the Zhītōng Cáijīng APP, cement stocks have continued to decline recently. As of this writing, CR Building Materials Technology (01313) has fallen 3.76%, to HKD 1.28; Dongwu Cement (00695) has fallen 4.29%, to HKD 1.56; Asia Cement (00743) has fallen 2.43%, to HKD 2.81; and China National Building Material (CNBM, 03323) has fallen 1.39%, to HKD 2.84. On the news front, according to Digital Cement Network, from mid-to-late May, the country's cement industry ushered in the second large-scale price hike of the year. At present, the landing execution of most regions in this round of price hikes is good, and sales have remained stable. However,
Asia Cement (China) (00743.HK) will distribute a final dividend of HK$0.041 per share.
Asia Cement (China) (00743.HK) announced that it will distribute a final dividend of RMB 0.041 per share for the year ending December 31, 2023, which was approved by the shareholders at the annual general meeting. The final dividend will be paid to shareholders on the company's register as of the close of business on July 12, 2024.
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