Asia Cement to Swing to 2024 Loss

MT Newswires Live

01-22

Asia Cement (China) (HKG:0743) expects an attributable loss of around 263.7 million yuan in 2024, reversing an attributable profit of 106.1 million yuan in 2023.

The cement manufacturer attributed the downbeat forecast to a decline in the selling price of its products, according to a Wednesday filing with the Hong Kong Exchange.

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