China Resources Cement (OTCMKTS:CARCY) Announces Earnings Results

China Resources Cement (OTCMKTS:CARCY) released its quarterly earnings data on Friday. The company reported ($0.12) earnings per share for the quarter, Zacks reports. China Resources Cement had a net margin of 2.27% and a return on equity of 1.05%.

China Resources Cement Stock Performance

Shares of CARCY stock remained flat at $6.03 during trading hours on Friday. The stock’s 50-day moving average is $5.89 and its 200 day moving average is $6.09. China Resources Cement has a 52 week low of $6.03 and a 52 week high of $6.05. The stock has a market capitalization of $1.40 billion, a P/E ratio of 21.52 and a beta of -0.06. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.54 and a current ratio of 0.70.

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.