[New post] CIMB: CNBM

alanyeo posted: " Earnings rebounded in 1H21, expect stable yoy cement gross margin■ CNBM reported net profit of Rmb8,087m in 1H21, up 25.0%.■ High coal prices led to 15.7% lower cement blended gross profit per tonne.■ But because of a surge in ASP, CNBM's cement gross ma" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: CNBM by alanyeo Earnings rebounded in 1H21, expect stable yoy cement gross margin■ CNBM reported net profit of Rmb8,087m in 1H21, up 25.0%.■ High coal prices led to 15.7% lower cement blended gross profit per tonne.■ But because of a surge in ASP, CNBM's cement gross margin is expected to remain flat yoy in 2021.■ Reiterate ADD with […] Read more of this post This post is ad-supported ​ alanyeo | September 1, 2021 at 2:08 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3t9 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/cimb-cnbm/ Thanks for flying with WordPress.com