Asia Cement (China) expects a net profit loss of 130 million yuan in the first quarter of 2024.

2024-04-22 09:35:20

Asia Cement (China) announced that it expects the Group's unaudited net loss attributable to equity holders (net profit attributable to parent company) for the three months ended 31 March 2024 to be approximately RMB129.7 million.

Asia Cement (China) announced that it expects the Group's unaudited net loss attributable to equity holders (net profit attributable to parent company) for the three months ended 31 March 2024 to be approximately RMB129.7 million, as compared to a net profit of approximately RMB40.7 million for the same period in 2023. The Board is of the view that the aforesaid expected net loss is mainly attributable to the decrease in the selling price of the Group's products during the Period.

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Asia Cement (China) announced that it expects the Group's unaudited net loss attributable to equity holders (net profit attributable to parent company) for the three months ended 31 March 2024 to be approximately RMB129.7 million.

2024-04-22 09:35:20

The company's acquisition of Cornish and Engineering Company is conducive to further expanding the production capacity of SCR denitrification catalyst, enhancing the company's market competitiveness in the central region, extending and expanding the denitrification engineering industry, and promoting the high-quality development of the company's SCR denitrification catalyst industry.