00914 CONCH CEMENT
- 17.680
- +0.160+0.91%
CONCH CEMENT News
Anhui Conch Cement Issues Third, Fourth Tranche of Medium-Term Bonds
Conch Cement (600585.SH): Will closely monitor the progress of the Dechong Funan Canal project and actively promote the cement supply cooperation for the project.
Gelonghui, September 18th | Conch Cement (600585.SH) stated on the interactive platform that its products have been applied to various key projects such as the new Siem Reap International Airport, Jingang Expressway, Phnom Penh Stadium in Cambodia, and have received unanimous praise from customers for its high-quality product quality and after-sales service. The company will closely monitor the start-up dynamics of the Dechong Funan Canal project and actively promote the cement supply cooperation for the project.
Hong Kong stock concept tracking | Cement demand is expected to improve marginally in the second half of the year. Institutions are bullish on the industry, which is already at the cyclical profit bottom (concept stocks attached).
CICC released a research report on the outlook for the second half of the year, expecting marginal improvement in cement demand and the potential for market leaders to continue driving price increases, boosting industry profitability.
Anhui Conch Cement Company Limited (HKG:914) Shares Could Be 26% Below Their Intrinsic Value Estimate
Tianfeng Securities: The building materials industry may have hit bottom. Pay attention to the growth potential of new material varieties.
Tianfeng Securities released a research report stating that the building materials industry may have bottomed out, and new materials are expected to realize growth potential.
Hong Kong stocks closed (09.12) | Hang Seng Index rose 0.77%, technology and pharmaceutical stocks rose, wuxi apptec (02359) led the blue chips.
Today, the three major stock indexes in Hong Kong collectively rose, with all of them rising more than 1% at one point during the trading session. At the close, the Hang Seng Index rose 0.77% or 131.68 points to 17,240.39 points, with a total daily turnover of 91.68 billion Hong Kong dollars.
Hong Kong stock market abnormal | Cement stocks generally rise, cement prices in many places rose in September, and cement is planned to be included in the carbon trading market.
Cement stocks are generally rising. As of the time of publication, Conch Cement (00914) rose 4.04% to HKD 16.98; Westchinacement (02233) rose 3.61% to HKD 0.86; Huaxin Cement (06655) rose 3.17% to HKD 6.51.
Anhui Conch Cement Company (AHCHF) Receives a Hold From Jefferies
CONCH CEMENT: 2024 INTERIM REPORT
gtja: Cement returns to collaborative profit margin repair, glass awaits signals for bottoming out.
Building materials industry in the 2024 mid-year report to digest the pessimistic expectations, the leading company maintains greater resilience. Consumer building materials maintain profit resilience based on their respective competitive advantages, while the glass industry still awaits a signal for bottoming out.
Anhui Conch Cement Company Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feng Liuxin has recently joined two companies, and the latest news from Yang Dong, a conscientious fund manager in the industry, has arrived.
The disclosure of the mid-year report of listed companies is gradually coming to an end, and the positions of private institutions with a hundred billion yuan are emerging. Feng Liu has newly entered two companies. Gao Yi Linshan No.1 Yuanwang Fund has newly entered the top ten circulating shareholders of Conch Cement. It holds 17.5 million shares, with a market value of 0.413 billion yuan at the end of the period. It has newly entered Chenguang Biotech, a natural extract production supplier, with a holding of 7.5 million shares and a market value of 0.063 billion yuan at the end of the period. Previously disclosed data showed that Feng Liu increased his holdings of Hikvision, Shengyi Technology, Angel Yeast, and Xinxiang Richful lube additive in the second quarter of this year. He reduced his holdings of Ningxia Baofeng Energy Group and Beijing Shunxin Agriculture. The holdings of LB Group Co., Ltd. and Jonjee Hi-Tech remained unchanged.
Hong Kong stocks fluctuate | Cement stocks generally decline, with the industry's performance under pressure in the first half of the year and the downward pressure on cement demand still existing.
Cement stocks are generally down. As of the time of writing, CNBM (03323) fell 6.67% to HKD 2.24; Asia Cement (China) (00743) fell 5.86% to HKD 2.09; Dongwu Cement (00695) fell 2.42% to HKD 1.61.
Anhui Conch Cement's H1 Attributable Profit Declines 48% on Lower Revenue; Hong Kong Shares Slide 5%
HKEX | Conch Cement (00914) fell more than 4% after the performance. Net income for the first half of the year was 3.326 billion yuan, a decrease of nearly 50% year-on-year.
Conch Cement (00914) fell more than 4% after the performance announcement. As of the time of publication, it is down 4.47% to HK$16.28, with a turnover of HK$51.3368 million.
2024 Semi-Annual Report
2024 Semi-Annual Report Summary
Anhui Conch Cement Faces Sharp Profit Decline
Anhui Conch Cement Board Approves Key Reports
Conch Cement (00914.HK) options holders' attributable profit is approximately 3.486 billion yuan, a year-on-year decrease of about 48.37%.
On August 27th, GeLongHui announced that, as of June 30, 2024, the company's revenue under the International Financial Reporting Standards was approximately 45,565.62 million yuan, a decrease of about 30.44% year-on-year. As of the end of the reporting period, the shareholder's equity attributable to the owners of the company under the International Financial Reporting Standards was approximately 3,486.32 million yuan, a decrease of about 48.37% year-on-year. The basic earnings per share under the International Financial Reporting Standards was 0.66 yuan, a decrease of 0.61 yuan/share compared to the same period last year.
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