China Resources Cement (OTCMKTS:CARCY – Get Free Report) announced its earnings results on Friday. The company reported ($0.23) earnings per share for the quarter, Zacks reports. China Resources Cement had a negative return on equity of 0.61% and a negative net margin of 1.44%. The company had revenue of $621.36 million during the quarter.
China Resources Cement Price Performance
CARCY opened at $3.42 on Friday. China Resources Cement has a one year low of $3.42 and a one year high of $6.05. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.55 and a quick ratio of 0.38. The company’s 50 day simple moving average is $3.80 and its 200-day simple moving average is $4.76. The stock has a market capitalization of $796.04 million, a P/E ratio of -8.14 and a beta of 0.03.
About China Resources Cement
China Resources Cement Holdings Limited is a cement and concrete producer headquartered in Hong Kong and a subsidiary of China Resources Group. Through its operating subsidiaries, the company manufactures and sells cement, commercial concrete and related construction materials used in infrastructure, residential and commercial development.
The company serves customers primarily in mainland China, with operations concentrated in southern and southwestern regions, including provinces such as Guangdong, Guangxi, Fujian, Hainan and Yunnan.
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