China Resources Cement (OTCMKTS:CARCY) Posts Earnings Results

China Resources Cement (OTCMKTS:CARCY) posted its quarterly earnings results on Thursday. The company reported $0.09 earnings per share (EPS) for the quarter, Zacks reports. China Resources Cement had a return on equity of 0.51% and a net margin of 1.04%.The business had revenue of $844.15 million for the quarter.

China Resources Cement Price Performance

OTCMKTS:CARCY remained flat at $6.05 during mid-day trading on Friday. The company has a current ratio of 0.70, a quick ratio of 0.54 and a debt-to-equity ratio of 0.26. China Resources Cement has a 1 year low of $5.72 and a 1 year high of $7.40. The stock has a fifty day simple moving average of $5.73 and a 200 day simple moving average of $6.22.

About China Resources Cement

China Resources Cement Holdings Limited (OTCMKTS: CARCY) is a leading integrated producer of cement and building materials in the People’s Republic of China. As a subsidiary of the state-owned conglomerate China Resources Group, the company focuses on the manufacturing, distribution and sale of cement, clinker and related products. Headquartered in Hong Kong, China Resources Cement leverages its parent’s nationwide infrastructure to support construction and infrastructure development across mainland China.

The company’s core operations encompass the production of Portland cement, blended cement and specialty cements tailored for engineering and construction applications.