Asia Cement (China) Holdings Corp. provided consolidated earnings guidance for the first quarter ended March 31, 2016. The board of directors of the company announced that based on the company's preliminary review of the management accounts of the group, the group is expected to record a net loss for the three months ended 31 March 2016 as compared to a net profit for the three months ended 31 March 2015.

The loss of the Group in first quarters of 2016 was primarily attributable to the decrease in average selling price of the company's products.