Insolvent! A cement enterprise in Sichuan was declared bankrupt.

2023-07-07 09:14:08

Recently, the People's Court of Huili City, Liangshan Yi Autonomous Prefecture, Sichuan Province, announced that Huili Chuancheng Cement Company in Liangshan Prefecture was insolvent and had no possibility of reorganization or reconciliation, which met the conditions for declaring bankruptcy.

In accordance with the provisions of Article 2, paragraph 1, of the Enterprise Bankruptcy Law of the People's Republic of China, the Court declared the bankruptcy of Liangshan Huili Chuancheng Cement Co., Ltd. on June 26, 2023.

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Insolvent! A cement enterprise in Sichuan was declared bankrupt.

2023-07-07 09:14:08

CEMPI

102.27

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CONCPI

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CLKPI

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SPPI

42.11

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MORPI

71.86

+0.03 +0.04%

Conch Cement: Net profit in the first three quarters was 2.743 billion yuan, down 56.89% year-on-year.

On October 28, Conch Cement released the third quarter report of 2026. In the first three quarters of 2026, the operating income was 56.222 billion yuan, a year-on-year decrease of 8.58%; the net profit attributable to parent company was 2.743 billion yuan, a year-on-year decrease of 56.89%; the net profit deducted from non-profits was 2.009 billion yuan, a year-on-year decrease of 66.50%.