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Guolian Securities: Cement "off-season not light" in 24Q3, price center may continue to rise
In the third quarter of 2024, in most regions, the staggered increase in cement intensity continues to increase, with the industry's supply and demand situation gradually improving. Cement prices continue to rise slightly, showing a certain "off-season not light" characteristic. Both industry profits on a month-on-month and year-on-year basis have improved.
Hong Kong stock concept tracking|Real estate market transaction active, institutions highly concerned about cement supply side reform (with concept stocks)
The building materials sector as a whole is still in the slow recovery phase at the bottom, with valuations and positions also at low levels.
Express News | Citic Securities: The substantial increase in cement prices is expected to greatly restore the company's profitability.
haitong sec: Pressure has emerged in the construction industry, looking forward to policy changes.
haitong sec released research reports stating that industry pressure has already emerged, awaiting policy changes.
JIACHEN HOLDING: Interim Report 2024
In the performance, Jiachen Holding (01937.HK) reported a net profit of 8.96 million RMB in the first half, an increase of 194%, with no dividend payout.
Jiachen Holdings (01937.HK) announced its interim performance for the six months ending in June, with revenue of 0.109 billion RMB (same below), an increase of 24.5% year-on-year. Recorded a net profit of 8.96 million yuan, a growth of 194%, and earnings per share of 0.9 cents. No interim dividends will be paid.
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