Summary by Moomoo AI
CONCH VENTURE ANNOUNCED ON MARCH 19, 2024 THAT ITS SUBSIDIARY ANHUI CONCH CEMENT CO., LTD. (CONCH CEMENT) HAS RELEASED ITS ANNUAL RESULTS FOR FISCAL YEAR 2023. Conch Enterprises holds a 49% stake in Conch Group Company, and Conch Group Company owns approximately 36.40% of Conch Cement. Conch Cement's revenue for 2023 was RMB140,999,428 thousand, gross profit was RMB22,364,974 thousand, profit before tax was RMB13,869,972 thousand, and profit for the year was RMB11,018,691 thousand. In comparison, revenue for 2022 was RMB132,021,554 thousand, gross profit was RMB27,190,954 thousand, profit before tax was RMB20,232,112 thousand, and profit for the year was RMB16,357,353 thousand. CONE STARTUP REMINDS SHAREHOLDERS AND POTENTIAL INVESTORS TO EXERCISE CAUTION WHEN BUYING AND SELLING COMPANY SHARES AND REFER TO CONE CEMENT'S DETAILED RESULTS ANNOUNCEMENT FOR MORE INFORMATION.