Asia Cement (China) Holdings (HKG:743) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥5.89b (down 21% from FY 2023).
- Net loss: CN¥263.7m (down by 349% from CN¥106.1m profit in FY 2023).
- CN¥0.17 loss per share (down from CN¥0.068 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Asia Cement (China) Holdings Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 35%.
Looking ahead, revenue is expected to decline by 1.5% p.a. on average during the next 2 years, while revenues in the Basic Materials industry in Hong Kong are expected to grow by 4.2%.
Performance of the Hong Kong Basic Materials industry.
The company's shares are up 10.0% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Asia Cement (China) Holdings has 1 warning sign we think you should be aware of.
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