China Resources Cement (OTCMKTS:CARCY) Announces Earnings Results

China Resources Cement (OTCMKTS:CARCY) announced its quarterly earnings data on Friday. The company reported ($0.16) earnings per share (EPS) for the quarter, Zacks reports. China Resources Cement had a net margin of 0.86% and a return on equity of 0.39%.

China Resources Cement Price Performance

CARCY remained flat at $4.10 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.61 and a quick ratio of 0.44. China Resources Cement has a fifty-two week low of $4.10 and a fifty-two week high of $6.05. The stock has a 50 day moving average price of $4.48 and a 200 day moving average price of $5.41. The stock has a market capitalization of $954.34 million, a price-to-earnings ratio of 41.00 and a beta of -0.01.

About China Resources Cement

China Resources Cement Holdings Limited (OTCMKTS: CARCY) is a leading integrated producer of cement and building materials in the People’s Republic of China. As a subsidiary of the state-owned conglomerate China Resources Group, the company focuses on the manufacturing, distribution and sale of cement, clinker and related products. Headquartered in Hong Kong, China Resources Cement leverages its parent’s nationwide infrastructure to support construction and infrastructure development across mainland China.

The company’s core operations encompass the production of Portland cement, blended cement and specialty cements tailored for engineering and construction applications.