Conch Cement's Q3 revenue fell by 32.89% year-on-year, with net income also decreasing by 15.13%. | Financial Report Watch
In the third quarter, due to the dual decline in sales volume and prices of cement business products, the company's revenue and profit both saw a double-digit year-on-year decrease.
Net income plummeted by over 74 times, with a loss of 3.7 billion in the first three quarters, xinjiang tianshan cement, the leading company in the cement industry, still has bonds outstanding amounting to 6 billion.
1. The structural overcapacity contradiction in the cement industry remains prominent. 2. Analysis points out that the company faces potential risks of accounts receivable, inventory, and goodwill impairment.
Multiple cross-border etfs saw a significant increase in turnover and intense capital competition on the Tibet Tianlu.
Among the top ten ETFs with the highest increase in turnover compared to yesterday, eight are cross-border ETFs, among which the ChinaAMC NASDAQ 100 ETF (QDII) (159632) has an increase in turnover of 170%. Tibet Tianlu, a popular infrastructure sector stock, was sold by institutions for more than 800 million yuan today, and was bought by China Securities Co., Ltd.'s Beijing Guangqumen Inner Street Branch for 1.58 billion yuan, and was sold by a quantitative trading seat for 100 million yuan.
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