Detail akcie Anhui Conch online

Business Summary: Anhui Conch Cement Co Ltd is a China-based company principally engaged in production and sale of cement, commodity clinker and aggregate. The Company’s main cement products included 32.5-grade cement, 42.5-grade cement and 52.5-grade cement, which are widely used in construction projects of large-scale national infrastructures such as railways, expressways, airports and hydraulic power as well as urban property, cement products and the rural markets. The Company distributes its products within domestic market and to overseas markets.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Anhui Conch Cement Co Ltd revenues increased 7% to RMB141B. Net income decreased 33% to RMB10.69B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Interest on bank loans and other borrowi increase of 83% to RMB1.04B (expense), Share of profits of associates decrease of 56% to RMB178.8M (income).