[New post] China Galaxy: Conch Cement

alanyeo posted: " Sluggish sales volume dragged down 2Q21 results; a cement price hike is a near-term catalyst■ Conch Cement's 2Q21 sales volume (ex-trading) dropped 24.0% yoy because of weak production volume in May.■ However, recurring net profit was down 17.3% yoy to R" Respond to this post by replying above this line New post on Alpha Edge Investing China Galaxy: Conch Cement by alanyeo Sluggish sales volume dragged down 2Q21 results; a cement price hike is a near-term catalyst■ Conch Cement's 2Q21 sales volume (ex-trading) dropped 24.0% yoy because of weak production volume in May.■ However, recurring net profit was down 17.3% yoy to Rmb9.35bn in 2Q21 and dropped 6.9% yoy to Rmb14.9bn in 1H21, thanks to the high […] Read more of this post This post is ad-supported ​ alanyeo | September 1, 2021 at 2:11 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3td Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/09/01/china-galaxy-conch-cement/ Thanks for flying with WordPress.com