Asia Cement: a loss of 264 million yuan in 2024

2025-03-10 09:26:47

According to the announcement, the revenue of Asia Cement decreased by about 21% to RMB 5.885 billion, and the loss attributable to owners was RMB 264 million. Basic loss per share was RMB0.168.

On March 7, Asia Cement (China) Holdings Limited (Stock Code: 00743. HK, hereinafter referred to as "Asia Cement") released its 2024 annual results announcement. According to

the announcement, the revenue of Asia Cement decreased by about 21% to RMB 5.885 billion, and the loss attributable to owners was RMB 264 million. Basic loss per share was RMB0.168.


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Correlation

According to China Cement Market Data Center, the northwest cement market is weak, prices in Ningxia and Gansu continue to loosen downward, while prices in Shaanxi, Qinghai and Xinjiang are temporarily stable.