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Dongwu Cement Reports Revenue Decline and Increased Losses for 2024

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Dongwu Cement Reports Revenue Decline and Increased Losses for 2024

Dongwu Cement International Ltd. ( (HK:0695) ) just unveiled an update.

Dongwu Cement International Ltd. reported a significant decline in its financial performance for the year ended December 31, 2024, with revenue dropping by 27.2% to approximately HK$223.6 million. The company experienced an increase in its gross loss margin and a substantial rise in losses attributable to its owners, reflecting challenges in its operational efficiency and market conditions.

More about Dongwu Cement International Ltd.

Dongwu Cement International Ltd. operates in the construction materials industry, primarily focusing on the production and distribution of cement products. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: -13.62%

Average Trading Volume: 165,355

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.23B

For an in-depth examination of 0695 stock, go to TipRanks’ Stock Analysis page.

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