An update from China Conch Venture Holdings ( (HK:0586) ) is now available.
China Conch Venture Holdings Limited announced that Anhui Conch Cement Company Limited, in which it holds an indirect interest, will hold a board meeting on March 24, 2025, to consider and approve its audited annual results for the financial year ended December 31, 2024. This announcement is significant as the Group’s profits are heavily reliant on its equity interests in Conch Holdings, which contributes a substantial portion of its earnings.
More about China Conch Venture Holdings
China Conch Venture Holdings Limited is a company incorporated in the Cayman Islands, with significant interests in the cement industry. It holds a 49% equity interest in Anhui Conch Holdings Co. Ltd., which in turn holds a substantial stake in Anhui Conch Cement Company Limited. The company derives a large portion of its profits from its equity interests in Conch Holdings.
YTD Price Performance: 14.76%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.69B
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