China Resources Cement (OTCMKTS:CARCY) Releases Quarterly Earnings Results

China Resources Cement (OTCMKTS:CARCY) released its earnings results on Friday. The company reported ($0.23) earnings per share (EPS) 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%.

China Resources Cement Price Performance

OTCMKTS:CARCY remained flat at $3.42 during trading hours on Friday. 1 shares of the company’s stock were exchanged, compared to its average volume of 32. The stock has a market cap of $796.04 million, a price-to-earnings ratio of -19.00 and a beta of 0.03. The company’s 50-day moving average is $3.82 and its 200 day moving average is $4.77. China Resources Cement has a 12 month low of $3.42 and a 12 month high of $6.05. The company has a current ratio of 0.55, a quick ratio of 0.38 and a debt-to-equity ratio of 0.20.

China Resources Cement Company Profile

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.