Asia Cement (China) (HKG:0743) expects an attributable loss of around 459.0 million yuan for the nine months ended Sept. 30, against an attributable profit of 116.2 million yuan a year prior, a Friday bourse filing said.
The cement manufacturer attributed the anticipated swing to loss mainly to a lower selling price of its products.
Shares of the firm closed over 3% higher on Friday.
Price (HKD): $2.44, Change: $+0.080, Percent Change: +3.39%
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