Asia Cement expects quarterly profit jump

Business | 15 Apr 2019 5:20 pm

Asia Cement (China) Holdings (0743) said today unaudited net profit for the first quarter ending March 31 is expected to jump by 70 percent to 90 percent from the same period in 2018. The gain is mainy due to the increase in average selling price of its products, the group said.

Shares of Asia Cement added 2.19 percent, or 20 HK cents, to close at HK$9.35.
 

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