An announcement from China Shanshui Cement Group ( (HK:0691) ) is now available.
China Shanshui Cement Group announced its financial results for the year ended December 31, 2024, reporting a 19.9% decrease in operating revenue compared to 2023. Despite the revenue drop, the company improved its operational performance, achieving a profit from operations of RMB182,404,000, a significant turnaround from the previous year’s loss. The loss attributable to equity shareholders also decreased substantially, indicating a positive shift in financial health. However, the company still reported an overall loss for the year, reflecting ongoing challenges in the market.
More about China Shanshui Cement Group
China Shanshui Cement Group Limited operates in the cement industry, focusing on the production and sale of cement and related products. The company serves various markets, providing essential materials for construction and infrastructure projects.
YTD Price Performance: 4.08%
Average Trading Volume: 129,217
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$2.22B
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