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The latest announcement is out from China Resources Cement Holdings ( (HK:1313) ).
China Resources Building Materials Technology Holdings Limited has announced a profit alert for the first quarter of 2025, expecting a profit of RMB100.0 million to RMB120.0 million, compared to a loss of RMB28.9 million in the same period last year. This turnaround is attributed to increased selling prices and reduced costs of sales for its cement products, signaling a positive shift in the company’s financial performance.
More about China Resources Cement Holdings
China Resources Building Materials Technology Holdings Limited operates in the building materials industry, focusing primarily on the production and sale of cement products. The company’s market focus includes leveraging higher selling prices and reducing costs to improve profitability.
YTD Price Performance: 4.29%
Average Trading Volume: 6,833
Technical Sentiment Signal: Buy
Current Market Cap: $1.46B
For a thorough assessment of 1313 stock, go to TipRanks’ Stock Analysis page.