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China Tianrui Group Cement Co., Ltd. ( (HK:1252) ) just unveiled an update.
China Tianrui Group Cement Co., Ltd. announced its audited financial results for the year ended December 31, 2024, reporting a significant turnaround with a profit of RMB 214.2 million compared to a loss of RMB 623.5 million in 2023. Despite a decline in revenue from RMB 7.89 billion to RMB 6.12 billion, the company improved its EBITDA from RMB 1.48 billion to RMB 2.26 billion, indicating better operational efficiency. This financial recovery is a positive signal for stakeholders, showcasing the company’s resilience and potential for growth in the competitive cement industry.
More about China Tianrui Group Cement Co., Ltd.
China Tianrui Group Cement Co., Ltd. operates in the cement industry, focusing on the production and sale of cement products. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 5,411,571
Technical Sentiment Signal: Sell
Current Market Cap: HK$832.5M
See more data about 1252 stock on TipRanks’ Stock Analysis page.