China Shanshui Cement Group Ltd. provided earnings Guidance for the year ended December 31, 2015. For the period, the company expects to record a loss for the year ended 31 December 2015 as compared to a profit recorded for the year ended 31 December 2014. Such loss was regarded as mainly attributable to, among others, the following reasons: the sluggish market demand for cement in regions where the Group operates business; overcapacity in the cement industry, which resulted in decrease in sales volume and prices of the cement products of the Group in various regions as compared to last year; and the diversion of attention of management to other matters, such as various legal proceedings concerning the Company and its subsidiaries.
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5-day change | 1st Jan Change | ||
0.65 HKD | +4.84% | +6.56% | +16.07% |
Apr. 11 | China Shanshui Cement Reports Wider Q1 Loss | MT |
Mar. 18 | China Shanshui Cement Swings to Loss in 2023 | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+16.07% | 346M | |
+19.93% | 49.38B | |
+16.96% | 16.64B | |
-0.14% | 15.84B | |
-10.20% | 11.17B | |
+35.06% | 9.44B | |
+43.94% | 7.93B | |
-4.45% | 7.8B | |
-5.09% | 7.61B | |
+105.28% | 7.24B |
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- China Shanshui Cement Group Ltd. Provides Earnings Guidance for the Year Ended December 31, 2015