Anhui Conch Cement Co Ltd - Class A

5
SHSE:600585 (China)   Class A
Â¥ 22.77 (+0.93%) Apr 26
11.54
P/B:
0.65
Market Cap:
Â¥ 112.55B ($ 15.53B)
Enterprise V:
Â¥ 65.14B ($ 8.99B)
Volume:
11.33M
Avg Vol (2M):
19.41M
Also Trade In:
Volume:
11.33M

Business Description

Description
Anhui Conch Cement is mainly engaged in the production and sale of cement and clinker. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of 395 million metric tons in 2023, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contributed about 59.6% of its 2023 revenue, with the remainder mainly from the trading business and service income.