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China Tianrui Group Cement Reports Turnaround with 2024 Profit

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China Tianrui Group Cement Reports Turnaround with 2024 Profit

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China Tianrui Group Cement Co., Ltd. ( (HK:1252) ) has shared an update.

China Tianrui Group Cement Co., Ltd. announced its audited financial results for the year ending December 31, 2024, highlighting a significant turnaround with a profit of RMB 214.2 million compared to a loss in the previous year. Despite a decline in revenue from RMB 7.89 billion to RMB 6.12 billion, the company improved its EBITDA and reduced its total liabilities, indicating a stronger financial position and potential positive implications for stakeholders.

More about China Tianrui Group Cement Co., Ltd.

China Tianrui Group Cement Co., Ltd. operates in the construction materials industry, primarily focusing on the production and distribution of cement. The company is positioned in the market to serve the growing infrastructure needs, particularly in China.

Average Trading Volume: 5,411,571

Technical Sentiment Signal: Sell

Current Market Cap: HK$832.5M

Learn more about 1252 stock on TipRanks’ Stock Analysis page.

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