China Shanshui Cement Group (HK:0691) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
China Shanshui Cement Group reported a significant downturn in its financial performance for the first half of 2024, with operating revenue dropping by 25.8% and losses substantially increasing compared to the same period last year. The company’s loss from operations was approximately RMB500 million, and the loss attributable to equity shareholders stood at around RMB530 million, reflecting a challenging period for the firm.
For further insights into HK:0691 stock, check out TipRanks’ Stock Analysis page.