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Asia Cement (China): Cement Supply-Demand Imbalance Will Become More Severe in 2025 >0743.HK
Asia Cement (China) Doesn't Propose Final Dividend in 2024 >0743.HK
Asia Cement (China) 2024 Rev CNY5.89B Vs. CNY7.43B >0743.HK
ASIA CEMENT CH (00743.HK) expects a net loss of 0.264 billion yuan for the fiscal year 2024.
On March 7, Gelonghui reported that ASIA CEMENT CH (00743.HK) announced that for the year ending December 31, 2024, revenue decreased by about 21% to 5.885 billion yuan; the loss attributable to equity holders of the company was 0.264 billion yuan (2023: profit attributable to equity holders of the company was 0.106 billion yuan). The basic loss per share was 0.168 yuan. In 2024, affected by the reduction in Real Estate Investment and the slowdown of CSI Construction & Engineering Index projects, the Cement market demand continues to follow a downward trend that has lasted for nearly two years, with prices generally showing "weak fluctuations in the first half, gradually recovering in the second half."
Express News | Asia Cement (China) - Group's Planned Cement Sales Volume for 2025 Will Be Similar to That of 2024
Express News | Asia Cement (China) Holdings FY Basic EPS RMB -0.168