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Asia Cement Ch(00743)expects Q1 profit to rise 70-90%
15 Apr 2019
(Infocast News) Asia Cement (China) Holdings Corporation Holdings Corporation (00743) said that, based on the Company’s preliminary review of the management accounts of the Group, it is expected that the unaudited profit attributable to equity holders of the Group for the three months ended 31 March 2019 will increase by about 70% to 90% as compared with that of the same period in 2018. The Board considers that the above expected increase was primarily due to the increase in average selling price of the Group’s products.

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