Asia Cement (China) expects a net profit loss of 130 million yuan in the first quarter of 2024.

2024-04-22 09:35:20

Asia Cement (China) announced that it expects the Group's unaudited net loss attributable to equity holders (net profit attributable to parent company) for the three months ended 31 March 2024 to be approximately RMB129.7 million.

Asia Cement (China) announced that it expects the Group's unaudited net loss attributable to equity holders (net profit attributable to parent company) for the three months ended 31 March 2024 to be approximately RMB129.7 million, as compared to a net profit of approximately RMB40.7 million for the same period in 2023. The Board is of the view that the aforesaid expected net loss is mainly attributable to the decrease in the selling price of the Group's products during the Period.

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Asia Cement (China) announced that it expects the Group's unaudited net loss attributable to equity holders (net profit attributable to parent company) for the three months ended 31 March 2024 to be approximately RMB129.7 million.

2024-04-22 09:35:20

Recently, the Department of Ecology and Environment of Jiangsu Province announced the list of key emission units in the national carbon emission trading market in Jiangsu Province in 2027. A total of 262 subjects were included in the control, of which 14 were selected from the cement sub-industry, distributed in Nanjing, Wuxi, Xuzhou, Changzhou, Yancheng and Zhenjiang, including Nanjing Zhonglian Cement, Jiangsu Xinning New Building Materials, China Cement Plant, etc. The announcement of the list means that the relevant cement enterprises will be included in the quota management and performance scope of the national carbon market in 2027.