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China Ceramics Co. Ltd. engages in the manufacture and sale of ceramics tiles. Read More Its products operates through the Hengda, the Hengdeli or HDL brand, TOERTO, WULIQIAO, and Pottery Capital of Tang Dynasty brands. It offers porcelain, glazed, glazed porcelain, rustic, and polished glazed tiles. The company was founded by Jia Dong Huan on September 30, 1993 and is headquartered in Jinjiang, China.
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Simply Wall StMar 14
Imagine Owning China Ceramics (NASDAQ:CCCL) And Trying To Stomach The 87% Share Price Drop
It is a pleasure to report that the China Ceramics Co., Ltd. (NASDAQ:CCCL) is up 47% in the last quarter. But will that heal all the wounds inflicted over 5 years of declines? Unlikely. Like a ship taking on water, the share price has sunk 87% in that time. While the recent increase might be a green shoot, we’re certainly hesitant to rejoice. The fundamental business performance will ultimately determine if the turnaround can be sustained. We really feel for shareholders in this scenario. It’s a good remin...
Expected Mar 29, Pre-Market