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ChinaScope Financial
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ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
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  • Asia Cement (China) Estimates Significant Net Profit Drop For 13Q1 0 comments
    Apr 22, 2013 1:49 AM | about stocks: AACMZ, AACEY

    Prepared by ChinaScope Financial | Source:Company Disclosure

    • Asia Cement (China) Holdings Corporation (00743: HKG) released earnings alert for the first quarter of 2013, expecting net profit for the period to decrease significantly on a yearly basis.

     

    • According to the company, its earnings drop was mainly due to large decrease in average selling price compared with that of the corresponding period of 2012.

     

    • Asia Cement (China) specializes in manufacture and sales of cement, concrete, and related products.
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