tiprankstipranks
China Shanshui Cement Faces Continued Financial Challenges
Company Announcements

China Shanshui Cement Faces Continued Financial Challenges

China Shanshui Cement Group (HK:0691) has released an update.

Don't Miss our Black Friday Offers:

China Shanshui Cement Group reported a net loss of RMB 167.1 million for the nine months ending September 2024, down from RMB 267.7 million in the same period last year. The company’s operating revenue decreased significantly, with gross profit also seeing a decline. Despite reduced losses, financial challenges remain prominent for the cement giant.

For further insights into HK:0691 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App