No Data
Express News | Xinjiang Tianshan Cement established a material company with an investment of 30 million yuan.
Xinjiang Tianshan Cement (000877): Domestic cement profitability may have bottomed out in Q4 2024 and may see a rebound.
In the first 3 quarters before 2024, the company's revenue was 61.46 billion yuan, a year-on-year decrease of 23.55%, and a net income attributable to the mother of -3.748 billion yuan, a year-on-year decrease of 7471.1%. Looking at a single quarter, Q3 total revenue
Net income declined by more than 74 times, with a loss of 3.7 billion in the first three quarters, xinjiang tianshan cement, the leader in the cement industry, still has 6 billion outstanding bonds.
①The structural overcapacity contradiction in the cement industry remains prominent. ②Analytical viewpoints suggest that the company faces potential risks of accounts receivable, inventory, and goodwill impairment.
xinjiang tianshan cement (000877): The loss decreased compared to the previous quarter in the third quarter, and a turnaround to profit is expected in the fourth quarter.
Xinjiang Tianshan Cement released its third quarter report. In Q3 2024, the revenue was 21.76 billion yuan, a year-on-year decrease of -19.2%. The net profit attributable to the parent company was -0.334 billion yuan, a decrease from the previous quarter (-1.49 billion yuan in Q2 2024), lower than our expectations.
Tianshan shares: report for the third quarter of 2024
cnbm (03323): xinjiang tianshan cement (000877.SZ) recorded a net loss attributable to the parent company of 3.748 billion yuan in the first three quarters.
CNBM (03323) announced that, as of the nine months ended September 30, 2024, xinjiang tianshan cement (000...
No Data
No Data