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Guolian Securities: Cement "off-season not light" in 24Q3, price center may continue to rise
In the third quarter of 2024, in most regions, the staggered increase in cement intensity continues to increase, with the industry's supply and demand situation gradually improving. Cement prices continue to rise slightly, showing a certain "off-season not light" characteristic. Both industry profits on a month-on-month and year-on-year basis have improved.
Building materials and cement stocks are weak, Conch Cement (00914) fell by 3.34%, In late October, the national cement market demand slightly weakened month-on-month.
Jingu Finance News | Building materials stocks are weak, with Conch Cement (00914) falling by 3.34%, Huaxin Cement (06655) falling by 2.39%, Westchinacement (02233) falling by 1.6%, Asia Cement (China) (00743) falling by 1.26%, China National Building Materials (03323) falling by 0.6%. Gtja stated that in late October, the national cement market demand slightly weakened compared to the previous month, mainly due to the northern regions entering the off-peak season one after another, about to start the winter staggered production cycle; demand in the southern regions remains stable, aiming to improve profits in the final demand period and continue to drive prices upwards.
Asia Cement (China) (00743.HK): Shareholders' attributable loss for the first nine months was 0.459 billion yuan.
Grandall October 31st, Asia Cement (China) (00743.HK) announced that as of September 30, 2024, for the nine months ended, it achieved revenue of 4.119 billion yuan, a decrease of 27.9% year-on-year; gross profit was 0.225 billion yuan, a decrease of 73.4% year-on-year; the company's attributable losses for the period were 0.459 billion yuan, while in the same period last year, the company's attributable profit for the period was 0.116 billion yuan; basic loss per share was 0.293 yuan.
Asia Cement (China) (00743): Lydia Lü appointed as Company Secretary.
Asia Cement (China) (00743) announced that Mo Minghui has resigned from the following positions at the company in order to devote more time...
ASIA CEMENT CH: ANNOUNCEMENT OF UNAUDITED RESULTS FOR THENINE MONTHS ENDED 30 SEPTEMBER 2024ANDCHANGE OF COMPANY SECRETARY, PROCESS AGENT ANDAUTHORISED REPRESENTATIVE
Hong Kong stock concept tracking|Real estate market transaction active, institutions highly concerned about cement supply side reform (with concept stocks)
The building materials sector as a whole is still in the slow recovery phase at the bottom, with valuations and positions also at low levels.
Asia Cement (China) Holdings Corporation (HKG:743) Just Released Its Full-Year Earnings: Here's What Analysts ThinkNo Data
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