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CITIC Securities: The cement industry has already reached the cyclical bottom of profitability. The supply side of the glass industry is expected to improve.
The cement industry has reached the bottom of its cyclical profitability. With the clearance of small and medium-sized production capacity, the improvement of supply pattern is expected to drive the recovery of profitability.
China Shanshui Cement's Upcoming Board Meeting
Shanshui Cement (00691.HK) plans to hold a board of directors meeting on August 5th to approve the mid-term performance.
Shanshui Cement (00691.HK) announced on July 24 that the board of directors will hold a board meeting on Monday, August 5, 2024, to consider and approve the group's interim results as of June 30, 2024, and to distribute interim dividends (if any), as well as deal with other matters.
SHANSHUI CEMENT: DATE OF BOARD MEETING
Risks To Shareholder Returns Are Elevated At These Prices For China Shanshui Cement Group Limited (HKG:691)
GTJA: Financial and tax reforms may boost the profitability and valuation of the construction sector's one-for-five rate.
The financial and tax system reform may increase local revenue and enhance the investment and payment capacity of local governments. On the one hand, new contracts are expected to be signed by construction companies, while on the other hand, existing orders may accelerate the progress of more physical workload and performance, enhancing total profit, net asset return rate, and PEG valuation.
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