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Huaxin Cement Reports 2024 Financial Results: Revenue Rises, Profit Declines

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Huaxin Cement Co., Ltd. Class H ( (HK:6655) ) has shared an update.

Huaxin Cement Co., Ltd. reported its financial results for the year ending December 31, 2024, showing a revenue increase of 1.36% to approximately RMB 34.217 billion. However, the net profit attributable to equity shareholders decreased by 12.52% to approximately RMB 2.416 billion, and earnings per share fell by 12.78%. This financial performance indicates a challenging year for the company, impacting its profitability despite a slight increase in revenue.

More about Huaxin Cement Co., Ltd. Class H

Huaxin Cement Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates within the cement industry, focusing on the production and distribution of cement products. The company’s shares are listed on both the Shanghai Stock Exchange and The Stock Exchange of Hong Kong Limited.

YTD Price Performance: 10.60%

Average Trading Volume: 965,681

Technical Sentiment Signal: Sell

Current Market Cap: HK$24.74B

Find detailed analytics on 6655 stock on TipRanks’ Stock Analysis page.

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