China Resources Cement (OTCMKTS:CARCY) Releases Earnings Results

China Resources Cement (OTCMKTS:CARCY) issued its earnings results on Friday. The company reported ($0.16) EPS for the quarter, Zacks reports. The firm had revenue of $656.39 million during the quarter. China Resources Cement had a net margin of 0.86% and a return on equity of 0.39%.

China Resources Cement Price Performance

CARCY opened at $4.10 on Friday. The company has a market capitalization of $954.32 million, a P/E ratio of -22.78 and a beta of -0.01. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.61 and a quick ratio of 0.44. The firm’s fifty day moving average price is $4.44 and its two-hundred day moving average price is $5.40. China Resources Cement has a fifty-two week low of $4.10 and a fifty-two week high of $6.05.

About China Resources Cement

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.