China Resources Cement (OTCMKTS:CARCY) Posts Quarterly Earnings Results

China Resources Cement (OTCMKTS:CARCY) announced its earnings results on Thursday. The company reported $0.09 EPS for the quarter, Zacks reports. China Resources Cement had a return on equity of 0.51% and a net margin of 1.04%.The company had revenue of $844.15 million during the quarter.

China Resources Cement Stock Performance

China Resources Cement stock remained flat at $6.05 during mid-day trading on Friday. The company has a quick ratio of 0.54, a current ratio of 0.70 and a debt-to-equity ratio of 0.26. China Resources Cement has a fifty-two week low of $5.72 and a fifty-two week high of $7.40. The company has a fifty day moving average price of $5.73 and a 200 day moving average price of $6.22.

China Resources Cement Company Profile

China Resources Cement Holdings Limited (OTCMKTS: CARCY) is a leading integrated producer of cement and building materials in the People’s Republic of China. As a subsidiary of the state-owned conglomerate China Resources Group, the company focuses on the manufacturing, distribution and sale of cement, clinker and related products. Headquartered in Hong Kong, China Resources Cement leverages its parent’s nationwide infrastructure to support construction and infrastructure development across mainland China.

The company’s core operations encompass the production of Portland cement, blended cement and specialty cements tailored for engineering and construction applications.