Asia Cement (China) Holdings (DE:4OJ) has released an update.
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Asia Cement (China) Holdings has issued a profit warning, anticipating a significant loss of approximately RMB459 million for the nine months ending September 2024, compared to a profit of RMB116 million in the same period last year. The decline is attributed to a drop in the selling price of their products. Investors are advised to exercise caution when dealing with the company’s shares.
For further insights into DE:4OJ stock, check out TipRanks’ Stock Analysis page.
