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 | 0.00% | +12.50% | +28.57% |
06-02 | China Shanshui Cement Group Limited Announces Board and Committee Changes | CI |
04-11 | China Shanshui Cement Reports Wider Q1 Loss | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+28.57% | 401M | |
+20.69% | 49.68B | |
-0.33% | 16.39B | |
-18.14% | 13.31B | |
-10.53% | 11.02B | |
+11.97% | 7.8B | |
+39.65% | 7.7B | |
-6.17% | 7.61B | |
-16.47% | 6.85B | |
+10.96% | 5.41B |
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- China Shanshui Cement Group Ltd. Provides Earnings Guidance for the Year Ended December 31, 2015