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An update from Asia Cement (China) Holdings ( (HK:0743) ) is now available.
Asia Cement (China) Holdings has warned that it expects to post an unaudited loss attributable to equity holders of about RMB81.3 million for the three months ended 31 March 2026, a sharp reversal from a net profit of roughly RMB3.1 million a year earlier. The board attributed the swing into loss mainly to a decline in the selling prices of the group’s products compared with the same period last year, signalling continued pricing pressure in the Chinese cement market and prompting the company to caution shareholders and potential investors when dealing in its shares ahead of the forthcoming quarterly results release expected by the end of April 2026.
More about Asia Cement (China) Holdings
Asia Cement (China) Holdings Corporation is a Hong Kong-listed cement producer focused on the mainland Chinese market. The group manufactures and sells cement and related building materials, making it sensitive to construction demand, infrastructure investment cycles and pricing dynamics in China’s cement industry.
Average Trading Volume: 882,462
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.4B
Find detailed analytics on 0743 stock on TipRanks’ Stock Analysis page.