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Is China Shanshui Cement Group (HKG:691) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when you assess how risky a company is.
China Shanshui Cement Swings to Loss in 2023
China Shanshui Cement Group (HKG:0691) reported an attributable loss of nearly 883.9 million yuan for 2023, as opposed to a restated profit of 755.4 million for 2022, according to a Friday filing with
Shanshui Cement (00691.HK)'s revenue in 2023 was about 18.116 billion yuan, a year-on-year decrease of 15.7%
Gelonghui, March 15, 丨 Shanshui Cement (00691.HK) announced that operating income for 2023 was approximately RMB 18.116 billion, a decrease of 15.7% compared to 2022; loss attributable to shareholders of the company in 2023 was approximately RMB 884 million, while profit attributable to shareholders in 2022 was approximately RMB 755 million (restated); basic loss per share of RMB 0.20 yuan (2022: basic profit per share). In 2023, the Group is committed to refining internal infrastructure management to improve the quality and finance of existing production and operation
SHANSHUI CEMENT: PRELIMINARY ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Shanshui Cement (00691.HK) plans to hold a board meeting on March 15 to approve annual results
Gelonghui, March 5, 丨 Shanshui Cement (00691.HK) issued an announcement. The board of directors is pleased to hold a board meeting on March 15, 2024 (Friday) to consider and approve the Group's annual results for the year ended 31 December 2023, as well as the proposed final dividend (if any), and to deal with other matters.
SHANSHUI CEMENT: DATE OF BOARD MEETING
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