Anhui Conch Cement Co Ltd Class A

600585: XSHG (CHN)
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Anhui Conch Cement Earnings: Valuation Cut by 7% Amid Weaker Cement Price Outlook

Anhui Conch Cement's first-quarter revenue and operating profit declined by 10% and 19% year on year, respectively, due to weaker cement selling prices, higher coal costs, and operating deleverage. Operating margin deteriorated to 10.2% from 11.4% a year earlier.

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