Anhui Conch Cement Co Ltd Class A
600585: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.! | LOCK|rYP | LOCK|^T!S^$# |
Anhui Conch Cement Earnings: Soft Numbers Offset by Positive Margin Outlook, Valuation Unchanged
Anhui Conch Cement posted disappointing 2024 results, with revenue and net profit down by 36% and 25% year on year, respectively. This mainly comes from weak demand for self-produced cement products, which saw a 5% decline in sales volume and an 11% contraction in average selling price.
