Asia Cement (China) Holdings (HKG:743) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥1.43b (down 11% from 3Q 2023).
- Net loss: CN¥54.1m (loss narrowed by 32% from 3Q 2023).
- CN¥0.035 loss per share (improved from CN¥0.051 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Asia Cement (China) Holdings Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.7% growth forecast for the Basic Materials industry in Hong Kong.
Performance of the Hong Kong Basic Materials industry.
The company's shares are down 1.3% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Asia Cement (China) Holdings that you should be aware of.
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