China Shanshui Cement Group Ltd. provided earnings Guidance for the year ended December 31, 2015. For the period, the company expects to record a loss for the year ended 31 December 2015 as compared to a profit recorded for the year ended 31 December 2014. Such loss was regarded as mainly attributable to, among others, the following reasons: the sluggish market demand for cement in regions where the Group operates business; overcapacity in the cement industry, which resulted in decrease in sales volume and prices of the cement products of the Group in various regions as compared to last year; and the diversion of attention of management to other matters, such as various legal proceedings concerning the Company and its subsidiaries.
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5-day change | 1st Jan Change | ||
0.72 HKD | -2.70% | +12.50% | +28.57% |
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Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+28.57% | 412M | |
+18.33% | 49.34B | |
+0.89% | 16.57B | |
-17.97% | 13.33B | |
-11.07% | 10.75B | |
+40.38% | 7.82B | |
+10.55% | 7.6B | |
-6.17% | 7.61B | |
+105.28% | 7.59B | |
-13.62% | 6.9B |
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- China Shanshui Cement Group Ltd. Provides Earnings Guidance for the Year Ended December 31, 2015