Anhui Conch Cement (OTCMKTS:AHCHY) Issues Earnings Results

Anhui Conch Cement (OTCMKTS:AHCHY) issued its earnings results on Wednesday. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24), Zacks reports. Anhui Conch Cement had a return on equity of 3.86% and a net margin of 9.72%.

Anhui Conch Cement Trading Down 0.2%

Shares of AHCHY stock traded down $0.02 during trading hours on Wednesday, hitting $11.01. 4,827 shares of the company were exchanged, compared to its average volume of 61,663. The firm has a market cap of $11.60 billion, a P/E ratio of 10.19 and a beta of 0.21. Anhui Conch Cement has a fifty-two week low of $10.52 and a fifty-two week high of $17.11. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.30 and a current ratio of 3.64. The company has a 50 day simple moving average of $11.14 and a two-hundred day simple moving average of $12.73.

About Anhui Conch Cement

Anhui Conch Cement Company Limited (OTCMKTS: AHCHY) is one of China’s leading cement manufacturers, specializing in the production and sale of cement, clinker and related building materials. Headquartered in Wuhu, Anhui Province, the company operates an integrated network of production facilities that serve residential, commercial and infrastructure markets across multiple regions in China. Its product portfolio covers a broad range of cement types, including ordinary portland cement, blended cement and special-purpose cements for roads and high‐performance construction projects.

Established in 1997 as part of the Anhui Conch Group’s expansion into building materials, Anhui Conch Cement was listed on the Shanghai Stock Exchange in 2003.