Conch Cement has released its mid-term report for 2024, providing detailed disclosure of its financial condition, business performance, and cash flow as of June 30, 2024. The report shows that the company's total assets are 243.73 billion RMB, total liabilities are 47.53 billion RMB, and shareholders' net profit is 3.33 billion RMB, with basic and diluted earnings per share of 0.63 RMB. The main financial ratios include a current ratio of 338.99%, a quick ratio of 291.01%, an asset-liability ratio of 19.50%, an EBITDA-to-total-debt ratio of 0.19, and an interest coverage ratio of 10.80 times. As for the shareholders, Conch Group is the largest shareholder with a stake of 36.40%. In terms of corporate governance, Conch Cement complies with all provisions of the "Code on Corporate Governance...Show More

Conch Cement has released its mid-term report for 2024, providing detailed disclosure of its financial condition, business performance, and cash flow as of June 30, 2024. The report shows that the company's total assets are 243.73 billion RMB, total liabilities are 47.53 billion RMB, and shareholders' net profit is 3.33 billion RMB, with basic and diluted earnings per share of 0.63 RMB. The main financial ratios include a current ratio of 338.99%, a quick ratio of 291.01%, an asset-liability ratio of 19.50%, an EBITDA-to-total-debt ratio of 0.19, and an interest coverage ratio of 10.80 times. As for the shareholders, Conch Group is the largest shareholder with a stake of 36.40%. In terms of corporate governance, Conch Cement complies with all provisions of the "Code on Corporate Governance" in Appendix C1 of the Listing Rules of the Hong Kong Stock Exchange. In terms of dividend policy, the board of directors recommends not distributing interim dividends for 2024. As for stock trading, the company repurchased 22.24 million A-shares during the reporting period. In terms of environmental and social responsibility, the company continues to focus on environmental protection and social responsibility, including consolidating the achievements of poverty alleviation and contributing to rural revitalization. As for subsidiaries, there were both additions and reductions during the reporting period. In addition, the company issued 30 billion RMB of mid-term notes during the reporting period. The financial information is unaudited and was approved by the board of directors on August 27, 2024.