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West China Cement ( (HK:2233) ) has shared an update.
West China Cement Limited has announced the completion of major disposals and connected transactions involving the sale of companies and assets in Xinjiang. As a result of these transactions, the target companies will no longer be subsidiaries of West China Cement, and their financial information will not be consolidated into the group’s accounts, potentially impacting the company’s financial structure and market positioning.
The most recent analyst rating on (HK:2233) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on West China Cement stock, see the HK:2233 Stock Forecast page.
More about West China Cement
West China Cement Limited is a company incorporated in Jersey, primarily operating in the cement industry. It focuses on the production and sale of cement products, catering to the construction and infrastructure sectors.
Average Trading Volume: 61,613,163
Technical Sentiment Signal: Buy
Current Market Cap: HK$12.73B
Learn more about 2233 stock on TipRanks’ Stock Analysis page.