West China Cement (HK:2233) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
West China Cement Limited reported a decrease in sales volumes and revenue for the first half of 2024, with significant reductions in cement, clinker, aggregates, and concrete sales leading to a 15.8% drop in revenue and a 27.3% fall in profit attributable to company owners. Despite these downturns, the company’s total assets increased by 9.3%, and net assets per share rose by 4.2%.
For further insights into HK:2233 stock, check out TipRanks’ Stock Analysis page.