China Shanshui Cement Group Ltd. provided consolidated earnings guidance for the six months ended June 30, 2015. For the period, the group is expected to record a loss in net profit as compared to the net profit of the same corresponding period in 2014, and such loss is expected to be relatively significant. The Board is of the view that such loss was mainly attributable to the sluggish market demand for cement in regions where the group operates business (and such decrease was particularly significant in the northeastern region and Shanxi region) and severe overcapacity of cement production, which resulted in substantial decrease in sales volume and prices of cement in various regions as compared to the corresponding period last year.
Delayed
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5-day change | 1st Jan Change | ||
0.65 HKD | 0.00% | -1.52% | +16.07% |
Jun. 02 | China Shanshui Cement Group Limited Announces Board and Committee Changes | CI |
Apr. 11 | China Shanshui Cement Reports Wider Q1 Loss | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+16.07% | 362M | |
+21.24% | 50.46B | |
-2.99% | 15.99B | |
-14.52% | 13.79B | |
-3.89% | 11.89B | |
-2.44% | 7.9B | |
+11.70% | 7.68B | |
+37.55% | 7.46B | |
+105.28% | 7.42B | |
-22.90% | 6.15B |
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- China Shanshui Cement Group Ltd. Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2015