Anhui Conch Cement Company Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feng Liuxin has recently joined two companies, and the latest news from Yang Dong, a conscientious fund manager in the industry, has arrived.
The disclosure of the mid-year report of listed companies is gradually coming to an end, and the positions of private institutions with a hundred billion yuan are emerging. Feng Liu has newly entered two companies. Gao Yi Linshan No.1 Yuanwang Fund has newly entered the top ten circulating shareholders of Conch Cement. It holds 17.5 million shares, with a market value of 0.413 billion yuan at the end of the period. It has newly entered Chenguang Biotech, a natural extract production supplier, with a holding of 7.5 million shares and a market value of 0.063 billion yuan at the end of the period. Previously disclosed data showed that Feng Liu increased his holdings of Hikvision, Shengyi Technology, Angel Yeast, and Xinxiang Richful lube additive in the second quarter of this year. He reduced his holdings of Ningxia Baofeng Energy Group and Beijing Shunxin Agriculture. The holdings of LB Group Co., Ltd. and Jonjee Hi-Tech remained unchanged.
Hong Kong stocks fluctuate | Cement stocks generally decline, with the industry's performance under pressure in the first half of the year and the downward pressure on cement demand still existing.
Cement stocks are generally down. As of the time of writing, CNBM (03323) fell 6.67% to HKD 2.24; Asia Cement (China) (00743) fell 5.86% to HKD 2.09; Dongwu Cement (00695) fell 2.42% to HKD 1.61.
Anhui Conch Cement's H1 Attributable Profit Declines 48% on Lower Revenue; Hong Kong Shares Slide 5%
HKEX | Conch Cement (00914) fell more than 4% after the performance. Net income for the first half of the year was 3.326 billion yuan, a decrease of nearly 50% year-on-year.
Conch Cement (00914) fell more than 4% after the performance announcement. As of the time of publication, it is down 4.47% to HK$16.28, with a turnover of HK$51.3368 million.
2024 Semi-Annual Report
2024 Semi-Annual Report Summary
Anhui Conch Cement Faces Sharp Profit Decline
Anhui Conch Cement Board Approves Key Reports
Conch Cement (00914.HK) options holders' attributable profit is approximately 3.486 billion yuan, a year-on-year decrease of about 48.37%.
On August 27th, GeLongHui announced that, as of June 30, 2024, the company's revenue under the International Financial Reporting Standards was approximately 45,565.62 million yuan, a decrease of about 30.44% year-on-year. As of the end of the reporting period, the shareholder's equity attributable to the owners of the company under the International Financial Reporting Standards was approximately 3,486.32 million yuan, a decrease of about 48.37% year-on-year. The basic earnings per share under the International Financial Reporting Standards was 0.66 yuan, a decrease of 0.61 yuan/share compared to the same period last year.
CONCH CEMENT: Interim results for the six months ended 30 June 2024
Express News | Anhui Conch Cement Says H1 Net Profit Down 48.6% Y/Y
Anhui Conch Cement Company Limited's (HKG:914) Price Is Out Of Tune With Earnings
Anhui Conch Cement Updates Corporate Governance
Anhui Conch Cement Elects New Deputy Chairman
Conch Cement (00914.HK) appointed Yu Shui as an executive director.
On August 21, Conch Cement (00914.HK) announced that Mr. Zhu Shengli and Mr. Yu Shui were elected and appointed as executive directors of the ninth board of directors at the extraordinary general meeting of shareholders. Their term of office will take effect from the date approved by the shareholders at the extraordinary general meeting and will expire upon the expiration of the term of office of the ninth board of directors.
BOCI International: Optimizing the short-term competitive landscape of cement is expected to drive the uptrend of prices.
In 2024, the building materials index is in an overall pressure phase, and downstream demand weakness has led to a decline in performance for most building materials companies in the first quarter.
Anhui Conch Cement Schedules Key Board Meeting
Conch Cement (00914.HK) will hold a board of directors meeting on August 27 to approve the mid-term performance.
On August 14th, Geelong reported that Conch Cement (00914.HK) will hold a board of directors meeting on August 27th, 2024 to consider and approve the group's interim performance announcement for the six months ending June 30, 2024, among other things.
CONCH CEMENT: NOTICE OF BOARD MEETING
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