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