Asia Cement (China) (00743.HK) issues profit warning, expects loss attributable to equity holders of approximately RMB301 million for the first nine months, turning from profit to loss year-on-year.
Zhito Finance APP News: Asia Cement (China) (00743.HK) announced that the group is expected to record a loss attributable to equity holders of approximately RMB 301 million for the first nine months of 2026, compared with a profit attributable to equity holders of approximately RMB 146 million for the same period in 2025. The board of directors believes that the above expected decline is mainly due to a decrease in the group's cement product sales volume and selling prices during the period compared with the same period in 2025, as well as impairment provisions made for assets related to certain production lines that were exited due to capacity replacement.
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