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
133.08
+0.03 +0.02%
CONCPI
112.47
+0.35 +0.31%
CLKPI
139.58
+0.95 +0.69%
SPPI
50.39
+0.10 +0.20%
MORPI
80.43
+0.04 +0.05%
Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.
