Anhui Conch Cement (OTCMKTS:AHCHY) Releases Quarterly Earnings Results, Misses Estimates By $0.24 EPS

Anhui Conch Cement (OTCMKTS:AHCHY) announced its earnings results on Wednesday. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24), Zacks reports. Anhui Conch Cement had a net margin of 8.02% and a return on equity of 3.11%. The firm had revenue of $5.49 billion during the quarter, compared to analyst estimates of $5.33 billion.

Anhui Conch Cement Stock Performance

OTCMKTS AHCHY opened at $11.32 on Friday. The company has a current ratio of 3.64, a quick ratio of 3.30 and a debt-to-equity ratio of 0.10. The firm’s fifty day moving average price is $11.14 and its two-hundred day moving average price is $12.66. The firm has a market capitalization of $11.93 billion, a P/E ratio of 12.72 and a beta of 0.21. Anhui Conch Cement has a 1 year low of $10.52 and a 1 year high of $17.11.

Anhui Conch Cement Company Profile

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.