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HUAXIN CEMENT (06655.HK) Expects 1QYY Net Profit to Increase 126% to 213% YoY
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HUAXIN CEMENT (06655.HK) announced that for the first quarter ending March 31, it expects to achieve a net profit attributable to the owners of the parent company of RMB520 million to RMB720 million, representing an increase of RMB290 million to RMB490 million compared to the same period last year, marking a year-on-year increase of 126% to 213%. It is also expected that the net profit attributable to the owners of the parent company, excluding non-recurring gains and losses, will be RMB520 million to RMB720 million, an increase of RMB280 million to RMB480 million compared to the same period last year, reflecting a year-on-year increase of 117% to 200%. The group stated that the company's performance achieved significant growth during the period, mainly benefiting from the steady release of new overseas production capacity, which provided strong support for sales volume growth, driving the overall improvement in operating results. (hc/a) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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