Anhui Conch Cement (HKG:914) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥22.6b (down 33% from 3Q 2023).
- Net income: CN¥1.87b (down 15% from 3Q 2023).
- Profit margin: 8.3% (up from 6.6% in 3Q 2023). The increase in margin was driven by lower expenses.
- EPS: CN¥0.36 (down from CN¥0.42 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Anhui Conch Cement Earnings Insights
Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Basic Materials industry in Hong Kong.
Performance of the Hong Kong Basic Materials industry.
The company's shares are up 3.4% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Anhui Conch Cement.
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