Asia Cement (China) Swings to Quarterly Loss as Revenue and Margins Decline
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Asia Cement (China) Holdings Corporation reported a quarterly loss of RMB81.3 million for the period ending March 31, 2026, compared to a profit last year. Revenue fell to RMB1.02 billion from RMB1.15 billion, with gross profit halving due to weaker sales and increased distribution costs. The company also faced losses from joint ventures and higher finance costs, indicating ongoing challenges in the cement market and raising investor concerns about profitability and cost management.
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