China Resources Cement (OTCMKTS:CARCY) Issues Quarterly Earnings Results

China Resources Cement (OTCMKTS:CARCY) released its quarterly earnings data on Friday. The company reported ($0.23) earnings per share for the quarter, Zacks reports. China Resources Cement had a negative net margin of 1.44% and a negative return on equity of 0.61%. The firm had revenue of $621.36 million during the quarter.

China Resources Cement Price Performance

CARCY stock remained flat at $3.42 during trading on Friday. The firm has a market cap of $796.04 million, a PE ratio of -19.00 and a beta of 0.03. The stock’s 50 day simple moving average is $3.80 and its 200-day simple moving average is $4.76. China Resources Cement has a 1 year low of $3.42 and a 1 year high of $6.05. The company has a current ratio of 0.55, a quick ratio of 0.38 and a debt-to-equity ratio of 0.20.

About China Resources Cement

China Resources Cement Holdings Limited is a cement and concrete producer headquartered in Hong Kong and a subsidiary of China Resources Group. Through its operating subsidiaries, the company manufactures and sells cement, commercial concrete and related construction materials used in infrastructure, residential and commercial development.

The company serves customers primarily in mainland China, with operations concentrated in southern and southwestern regions, including provinces such as Guangdong, Guangxi, Fujian, Hainan and Yunnan.