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.
CEMPI
118.23
-0.86 -0.72%
CONCPI
100.27
-1.80 -1.76%
CLKPI
125.03
-0.50 -0.40%
SPPI
48.28
-0.10 -0.21%
MORPI
78.47
-1.08 -1.36%
This week, the pace of downstream resumption of work in most regions of China is still relatively slow, coupled with the unstable support of the cost side, the price of concrete has declined steadily. From February 17 to February 21, the national concrete price index closed at 100.27 points, down 1.76% annually and 19.23% year-on-year.
