Anhui Conch Cement (OTCMKTS:AHCHY – Get Free Report) posted its earnings results on Wednesday. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24), Zacks reports. Anhui Conch Cement had a return on equity of 3.86% and a net margin of 9.72%.
Anhui Conch Cement Stock Up 1.4%
AHCHY stock traded up $0.15 during mid-day trading on Wednesday, reaching $11.18. 1,795 shares of the company traded hands, compared to its average volume of 61,663. The company has a quick ratio of 3.30, a current ratio of 3.64 and a debt-to-equity ratio of 0.10. The firm’s 50 day moving average price is $11.14 and its 200 day moving average price is $12.73. The stock has a market cap of $11.78 billion, a price-to-earnings ratio of 10.35 and a beta of 0.21. Anhui Conch Cement has a fifty-two week low of $10.52 and a fifty-two week high of $17.11.
About Anhui Conch Cement
Anhui Conch Cement Company Limited (OTCMKTS: AHCHY) is one of China’s leading cement manufacturers, specializing in the production and sale of cement, clinker and related building materials. Headquartered in Wuhu, Anhui Province, the company operates an integrated network of production facilities that serve residential, commercial and infrastructure markets across multiple regions in China. Its product portfolio covers a broad range of cement types, including ordinary portland cement, blended cement and special-purpose cements for roads and high‐performance construction projects.
Established in 1997 as part of the Anhui Conch Group’s expansion into building materials, Anhui Conch Cement was listed on the Shanghai Stock Exchange in 2003.
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