Anhui Conch Cement (OTCMKTS:AHCHY) Announces Earnings Results

Anhui Conch Cement (OTCMKTS:AHCHY) issued its quarterly earnings results on Wednesday. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24), Zacks reports. Anhui Conch Cement had a net margin of 9.72% and a return on equity of 3.86%.

Anhui Conch Cement Stock Performance

OTCMKTS:AHCHY traded up $0.15 on Wednesday, reaching $11.18. 1,795 shares of the company’s stock were exchanged, compared to its average volume of 61,663. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.64 and a quick ratio of 3.30. The firm has a market cap of $11.78 billion, a price-to-earnings ratio of 10.35 and a beta of 0.21. Anhui Conch Cement has a 52 week low of $10.52 and a 52 week high of $17.11. The stock has a fifty day simple moving average of $11.14 and a 200-day simple moving average of $12.73.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited (OTCMKTS: AHCHY) is one of China’s leading cement manufacturers, specializing in the production and sale of cement, clinker and related building materials. Headquartered in Wuhu, Anhui Province, the company operates an integrated network of production facilities that serve residential, commercial and infrastructure markets across multiple regions in China. Its product portfolio covers a broad range of cement types, including ordinary portland cement, blended cement and special-purpose cements for roads and high‐performance construction projects.

Established in 1997 as part of the Anhui Conch Group’s expansion into building materials, Anhui Conch Cement was listed on the Shanghai Stock Exchange in 2003.