Anhui Conch Cement (OTCMKTS:AHCHY – Get Free Report) issued its earnings results on Thursday. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.36), Zacks reports. Anhui Conch Cement had a return on equity of 2.25% and a net margin of 5.85%. The company had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.95 billion.
Anhui Conch Cement Stock Performance
OTCMKTS AHCHY traded up $0.06 on Friday, reaching $10.88. 28,238 shares of the company’s stock traded hands, compared to its average volume of 60,153. The stock has a 50 day moving average price of $10.46 and a 200-day moving average price of $12.39. The firm has a market cap of $11.47 billion, a price-to-earnings ratio of 16.48 and a beta of 0.20. Anhui Conch Cement has a fifty-two week low of $9.72 and a fifty-two week high of $17.05. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.61 and a current ratio of 2.90.
Anhui Conch Cement Company Profile
Anhui Conch Cement Company Limited is a China-based building materials manufacturer headquartered in Wuhu, Anhui Province. The company primarily produces and sells cement and cement clinker, which are used in residential, commercial and infrastructure construction.
Anhui Conch operates an integrated production network that includes limestone mining, raw-material processing, clinker production, cement grinding and distribution. Its product portfolio serves construction projects and may also include related building-material products and services through affiliated businesses.
Established in 1997, the company has expanded its operations across multiple regions of China and into selected international markets through overseas subsidiaries and production facilities.
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