Anhui Conch Cement Third Quarter 2024 Earnings: EPS: CN¥0.36 (vs CN¥0.42 in 3Q 2023)

Anhui Conch Cement (HKG:914) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥22.6b (down 33% from 3Q 2023).
• Net income: CN¥1.87b (down 15% from 3Q 2023).
• Profit margin: 8.3% (up from 6.6% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥0.36 (down from CN¥0.42 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Anhui Conch Cement Earnings Insights

Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Basic Materials industry in Hong Kong.

Performance of the Hong Kong Basic Materials industry.

The company's shares are up 3.4% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Anhui Conch Cement.

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