Asia Cement (China): Profit attributable to equity holders is expected to decrease by about 75% year-on-year in 2023

2024-01-22 10:18:27

Asia Cement (China) announced that the Group's unaudited profit attributable to equity holders in 2023 is expected to decrease by approximately 75% as compared with the same period in 2022, mainly due to the decrease in the selling price of the Group's products during this period.

Asia Cement (China) announced that the Group's unaudited profit attributable to equity holders in 2023 is expected to decrease by approximately 75% as compared with the same period in 2022, mainly due to the decrease in the selling price of the Group's products during this period. According to the data of

China Cement Network, in 2022, Asia Cement (China) realized 9.614 billion yuan in operating income and 420 million yuan in net profit attributable to the parent company.

All can be viewed after purchase
Correlation

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.