AHCHY ANHUI CONCH CEMENT
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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
Express News | Open source securities: the growth of consumer building materials is sustainable for a long time
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.
Hong Kong stock building materials and cement stocks fluctuated and rose. China Building Materials rose more than 6%, Conch Cement rose more than 3%, Huaxin Cement and Asia Cement all rose more than 3%, and Jinyu Group and others followed suit.
Hong Kong stock building materials and cement stocks fluctuated and rose. China Building Materials rose more than 6%, Conch Cement rose more than 3%, Huaxin Cement and Asia Cement all rose more than 3%, and Jinyu Group and others followed suit.
Lazard Asset Management LLC sold 4.882 million H shares of Conch Cement (00914.HK) worth approximately HK$106 million
On May 8, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 8, Lazard Asset Management LLC sold $4.882 million H shares worth HK$106 million at an average price of HK$21.8 million per share on August 31, 2023. After the sale, Lazard Asset Management LLC's latest shareholding was 616.39 million shares, and the good position ratio dropped from 5.12% to 4.74%. Image source: What is the Stock Exchange's equity disclosure
Conch Cement (600585): The volume and price of cement fell sharply, and 24Q1 performance was under pressure
The company achieved operating income of 21.328 billion yuan in the first quarter of 2024, a year-on-year decrease of 32.08%; realized net profit of 1,502 billion yuan, a year-on-year decrease of 41.14%; net profit after deduction of 1,368 billion yuan
Conch cement (600585): 24Q1 demand earns a cost premium during the off-season
Incident description The company disclosed a quarterly report. 2024Q1 revenue was about 21.328 billion yuan, a year-on-year decrease of 32.08%; attributable net profit was about 1,502 billion yuan, a year-on-year decrease of 41.14%. Incident Review 2024Q1:
Hailuo Cement (600585) 2024 Quarterly Report Review: Q1 industry lost money but the company's profit moat was outstanding
Incident: The company released its Q1 2014 quarterly report, achieving revenue of 21.328 billion yuan, -32.08% year on year, and net profit to mother of 1,502 billion yuan, or -41.14% year on year. Comment: The industry's losses have increased, but the company is still
Conch Cement (600585): The bottom of profit may have gradually consolidated, and cement price increases are expected to drive marginal improvement in performance
The company achieved net profit deducted from mother of 1,368 billion yuan in the first quarter, down 36.56% year on year. The company released its quarterly report for '24, and achieved revenue/net profit to mother of 21.328/1,502 billion yuan in 24Q1, year on year -3
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.
Conch Cement (600585): Performance is in line with expectations, the company's competitiveness is highlighted under industry stress tests
Matters: The company released its 2024 quarterly report: the company achieved revenue of 21.328 billion yuan in the first quarter of 2024, a year-on-year decrease of 32.08%; net profit to mother was 1,502 billion yuan, a year-on-year decrease of 41.14%; deducted from Africa
Express News | Zhu Shengli served as Deputy Party Secretary of Anhui Conch Group Co., Ltd., and was nominated as director and general manager
Featured announcements | The total amount of AIA share repurchase plans increased to US$12 billion; Sinopec's net profit for the first quarter decreased 8.9% year-on-year
China Shenhua's net profit for the first quarter was 15.884 billion yuan, a year-on-year decrease of 14.7%; China Life Insurance's net profit for the first quarter was 20.644 billion yuan, a decrease of 9.3% year-on-year.
Minsheng Securities released a research report on April 28 stating that it gave Conch Cement (600585.SH) a recommended rating. The main reasons for the rating include: 1) the company released its 2024 quarterly report; 2) the volume and price of the cemen
Minsheng Securities released a research report on April 28 stating that it gave Conch Cement (600585.SH) a recommended rating. The main reasons for the rating include: 1) the company released its 2024 quarterly report; 2) the volume and price of the cement industry fell sharply in the first quarter, in line with the judgment at the beginning of the year. The unexpected factor was excessive rain and weather; 3) the decline in revenue led to the dilution of expenses during the period; 4) the month-on-month improvement in infrastructure is worth looking forward to, and the supply side is expected to face tighter carbon emissions. (Mainichi Keizai Shimbun)
Conch Cement (600585): Profit surplus advantage expands performance beyond expectations
Core view: The company released its 2024 quarterly report, achieving revenue of 21.3 billion yuan, -32% year-on-year, net profit of 1.5 billion yuan, -41% year-on-year, after deducting non-net profit of 1.37 billion yuan, or -37% year-on-year. Q1 Sales
Conch Cement (600585) The main cement business is under pressure from volume and price pressure, and industry profits continue to bottom out
Matters: The company announced its 2024 quarterly report, achieving revenue of 21.33 billion yuan, a decrease of 32.1% from the same period of the previous year, and net profit to mother of 1.5 billion yuan, a decrease of 41.1% from the same period of the previous year. Safety Perspective: 1
Conch Cement (600585): Tons of profit or gradual exploration of the leading position to continue to strengthen
The 1Q24 results are in line with our expectations. The company announced 1Q24 results: revenue of RMB 21.33 billion, -32.1% YoY; net profit to mother of RMB 1.50 billion, or -41.1% YoY. The company's 1Q24 performance is in line with us
Conch cement (600585): Q1 volume and price fell sharply, waiting for downstream demand to improve
Incident: The company's 2024Q1 revenue was 21.328 billion yuan, a decrease of 32.08%; net profit to mother was 1,502 billion yuan, down 41.14%; net profit not attributable to mother after deduction was 1,368 billion yuan, a decrease of 36.56%
海螺水泥：二零二四年第一季度報告
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