600585 Anhui Conch Cement
- 24.06
- -0.30-1.23%
Anhui Conch Cement News
Anhui Conch Cement Signs 112 Million Yuan Engineering Services Deal With Subsidiary; Shares Down 3%
Anhui Conch Cement (HKG:0914, SHA:600585) agreed to receive engineering design and technology modification services from subsidiary Anhui Conch Construction Materials Design Institute for 111.7 millio
Conch Cement (00914.HK): Accepts engineering project design and technical services and SCR denitrification technology improvement services
Gelonghui, May 13, 丨 Conch Cement (00914.HK) announced that on May 13, 2024, the company (for itself and its relevant subsidiary) signed a “Project Design and Technical Service Contract” with Conch Design Institute. According to this contract, Conch Design Institute will provide engineering design and/or technical transformation services for several of the Company's subsidiaries for aggregates, mechanical sand, commercial sand, dry mix mortar, grinding stations, ore powder transfer projects and comprehensive projects, and the company's large-scale special transformation projects, engineering consulting services, etc. May 13, 2024, company
Changes in Hong Kong stocks | China Resources Building Materials Technology (01313) rose nearly 8%, leading the way in cement stocks, cement price increases are expected to increase in the profitability of the cement industry
Cement stocks had the highest gains in early trading. As of press release, China Resources Building Materials Technology (01313) rose 7.97% to HK$1.49; China Building Materials (03323) rose 7.4% to HK$3.34; Conch Cement (00914) rose 4.22% to HK$19.76; and Huaxin Cement (06655) rose 3.63% to HK$7.43.
Great Week for Anhui Conch Cement Company Limited (HKG:914) Institutional Investors After Losing 19% Over the Previous Year
Key Insights Given the large stake in the stock by institutions, Anhui Conch Cement's stock price might be vulnerable to their trading decisions A total of 11 investors have a majority stake in the
Hailuo Cement (00914.HK) completed the issuance of 3 billion yuan green medium-term notes
Gelonghui, April 29, 丨 Hailuo Cement (00914.HK) announced that the company issued the first and second green medium-term notes of 2024 on April 26, 2024 and April 25, 2024 respectively. The issuance results are as follows: Anhui Hailuo Cement Co., Ltd.'s 2024 first green medium-term notes, with an actual total issuance of RMB 1.5 billion; Anhui Hailuo Cement Co., Ltd.'s 2024 second green medium-term notes were actually issued totaling RMB 1.5 billion.
[Hong Kong Stock Connect] Net profit of Conch Cement (00914) in the first quarter decreased by 41.14% year on year to RMB 1,502 billion
Jinwu Financial News | Hailuo Cement (00914) announced that in the first quarter of 2024, it recorded net profit attributable to shareholders of 1,502 billion yuan (RMB, same below), a year-on-year decrease of 41.14%; recorded revenue of 21.328 billion yuan, a year-on-year decrease of 32.08%; and basic earnings per share of 0.28 yuan.
海螺水泥：二零二四年第一季度報告
Conch Cement (00914.HK) gains 901,800 shares from Lazard Asset Management LLC
Gelonghui, April 19丨According to the latest equity disclosure data on the Stock Exchange, on April 15, 2024, Conch Cement (00914.HK) received an increase of 901,800 shares by Lazard Asset Management LLC at an average price of HK$17.12 per share on the market, involving approximately HK$15.438 million. After the increase in holdings, Lazard Asset Management LLC's latest shareholding was 6.537,800 shares, and the shareholding ratio increased from 4.94% to 5.00%.
海螺水泥：2023年度報告
Anhui Conch Cement's (HKG:914) Returns On Capital Not Reflecting Well On The Business
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Firstly, we'd want to identify a growing return on capital employ
Conch Cement (00914.HK) plans to hold a board meeting on April 26 to approve quarterly results
Gelonghui, April 12, 丨 Conch Cement (00914.HK) issued an announcement. The board of directors held a board meeting on April 26, 2024 (Friday) for the following purposes: 1. Review and approve the Group's unaudited results for the three months ended March 31, 2024; 2. Review and approve the publication of the Group's unaudited results announcements for the three months ended March 31, 2024 in accordance with the securities listing rules; and 3. Handling other matters (if any).
Changes in Hong Kong stocks | Cement stocks fluctuated higher, Western Cement (02233) rose nearly 9%, Conch Cement (00914) rose more than 5%
Cement stocks fluctuated higher. As of press release, Western Cement (02233) rose 8.91% to HK$1.1; Conch Cement (00914) rose 5.65% to HK$17.58; and Huaxin Cement (06655) rose 4.79% to HK$7.44.
Anhui Hailuo Environmental Protection, affiliated with Hailuo Cement (00914), plans to apply for registration to issue medium-term notes of no more than 3 billion yuan
Conch Cement (00914) announced that the company's subsidiary, Anhui Hailuo Environmental Protection Group Co., Ltd. plans to enter the Chinese interbank market...
Huatai Securities: Demand starts slowly after the cement festival than the industry's losses or phased expansion in previous years
Due to the lower price starting point before the Spring Festival and slower price recovery after the holiday season than in previous years, it is expected that most cement companies' profits in 1Q24 will decline the same or month-on-month, and the industry's losses may expand.
Research Report Nuggets丨China Merchants Securities: Conch Cement's high dividend ratio protects shareholders' interests and maintains a “highly recommended” rating
According to the China Merchants Securities Research Report, the main cement business profit of Hailuo Cement (600585.SH) was under pressure in 23, and the expansion of production capacity in multiple businesses promoted growth. The company insists on effective investment and continues to strengthen the main cement business and the upstream and downstream industrial chains; in the future, it will focus on aggregates, commercial mixing and other businesses contributing to performance growth points. Considering that the contradiction between supply and demand in the cement industry is still prominent in 2024, production capacity will still curb the room for a rebound at the bottom of cement prices, and the profit forecast for the company will be lowered. If the 24-year results are calculated based on a 50% dividend rate, the current dividend rate is 3.95%, maintaining a “highly recommended” investment rating.
Anhui Conch Cement's (HKG:914) Sluggish Earnings Might Be Just The Beginning Of Its Problems
The subdued market reaction suggests that Anhui Conch Cement Company Limited's (HKG:914) recent earnings didn't contain any surprises. However, we believe that investors should be aware of some under
Big Bank Rating | UBS: Lowering the target price of conch cement to HK$17 to maintain a “neutral” rating
UBS released a report saying that Conch Cement's profit fell 33% to 10.4 billion yuan last year, falling short of the bank's expectations. As the gross profit forecast for cement and clinker declined due to increased price competition, the profit forecast for 2024 to 2026 was lowered by 6 to 11%, and the target price was lowered from HK$17.95 to HK$17, maintaining a “neutral” rating. UBS said that sales of Conch Cement grew well last year, but during the traditional peak season, cement profit margins deteriorated, while overall investment returns declined. However, the bank believes that there is an upward risk of investment income this year, because Western Cement's overseas business will be able to affect Conch Cement after excluding one-off projects
Anhui Conch Cement Company Limited Just Missed Earnings - But Analysts Have Updated Their Models
Anhui Conch Cement Company Limited (HKG:914) shareholders are probably feeling a little disappointed, since its shares fell 5.3% to HK$16.92 in the week after its latest full-year results. Statu
Conch Cement's Net Profit Declines in 2023; Revenue Rises 7%
Conch Cement (HKG:0914) reported a net profit attributable to equity holders of 10.69 billion yuan for the year ended Dec. 31, 2023, compared with 15.86 billion in the year-ago period, according to a
Anhui Conch Cement's 2023 Profit Falls 33%, Misses EPS Forecast
Anhui Conch Cement's (HKG:0914, SHA:600585) attributable profit fell 33.4% to 10.43 billion yuan from 15.66 billion yuan in 2022, according to a Wednesday filing with the Hong Kong bourse.
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