Anhui Conch Cement Posts 88% Surge In 2011 Net Profit

Anhui Conch Cement Co AHCHY reported an 88% jump in its 2011 net profit. Anhui Conch Cement's 2011 net profit surged to CNY11.59 billion, versus a restated CNY6.16 billion, in the year-ago period. However, analysts were expecting a net profit of CNY11.99 billion. In January, Anhui Conch Cement projected 2011 net profit to surge more than 80%. Anhui Conch Cement's revenue climbed 41% to CNY48.65 billion versus CNY34.51 billion. Anhui Conch Cement proposed a final dividend of CNY0.35 a share, up from CNY0.30 a share. Anhui Conch Cement shares closed at $14.29 yesterday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsDividendsEarnings
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!