
On March 26, Huaxin Cement announced that in 2024, the company's operating income was about RMB 34.217 billion, an increase of 1.36% over 2023; the net profit attributable to shareholders of the company was about RMB 2.416 billion, a decrease of 12.52% over 2023.
Around March 30, leading enterprises in Guangdong notified Zhanjiang, Maoming and other places to raise the price of bulk cement by 30-40 yuan/ton.
According to the Conch Cement 2024 Annual Report and ESG Report, by the end of 2024, the Company had a clinker production capacity of 274 million tons, a cement production capacity of 403 million tons, an aggregate production capacity of 163 million tons, a commercial concrete production capacity in operation of 51.9 million cubic meters, and an installed capacity of solar storage power generation in operation of 645 MW.
What is happening in the cement industry?
CEMPI
127.32
-0.45 -0.35%
CONCPI
100.56
+0.07 +0.07%
CLKPI
128.08
+0.13 +0.10%
SPPI
49.40
+0.68 +1.40%
MORPI
77.98
-0.49 -0.62%
Sinoma Cement Tunisia Project is the largest single direct investment of Chinese enterprises in Tunisia in recent years. As the third largest cement enterprise in Tunisia, it has an annual production capacity of 1.5 million tons of cement and 1.6 million tons of aggregate, which has created more employment opportunities for the local area, made positive contributions to tax revenue and promoted the local economic and social development.