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Guotai Junan Securities: The decline in Cement demand has slowed in March, and Industry profitability is expected to improve.
Guotai Junan recommends leading companies in the Cement Industry.
Asia Cement to Swing to Q1 Profit
ASIA CEMENT CH (00743.HK) announces a profit alert: it is expected that the net profit attributable to equity holders for the first quarter will be approximately 3.08 million yuan.
On April 15, GELONGHUI reported that ASIA CEMENT CH (00743.HK) announced that it expects the Group's unaudited profit attributable to equity holders for the three months ending March 31, 2025 to be approximately RMB 3.08 million, compared to a loss of approximately RMB 0.13 billion for the same period in 2024. The Board of Directors believes that the increase in expected profit is mainly due to the rise in cement product prices and the decrease in sales costs compared to the same period in 2024.
Express News | Asia Cement (China) Holdings Corp - Expected Unaudited Profit Attributable of RMB3.08 Mln for Qtr
ASIA CEMENT CH: POSITIVE PROFIT ALERTFOR THE THREE MONTHS ENDED 31 MARCH 2025
ASIA CEMENT CH (00743.HK) plans to hold a Board of Directors meeting on April 25 to approve the quarterly performance.
On April 10, Gelonghui reports that ASIA CEMENT CH (00743.HK) announced that a Board of Directors meeting is scheduled for April 25, 2025 (Friday) to consider and approve the quarterly performance of the company and its subsidiaries for the three months ending March 31, 2025, and to propose the distribution of an interim dividend (if applicable), as well as to handle other matters.
Asia Cement (China) Holdings Corporation (HKG:743) Just Released Its Full-Year Earnings: Here's What Analysts Think
