On December 1, China Tianrui Cement (01252) issued a mid-term performance announcement, during the reporting period (up to June 30, 2024), the company realized revenue of 2.584 billion yuan, down 35.4% from the same period last year. Gross profit was 615 million yuan, down 34.6%. In terms of profit, the profit attributable to the owners of the Company was RMB28.29 million, representing a significant decrease of 81.2% as compared with the same period of last year. Basic earnings per share for the period was 0.01 yuan, down significantly from 0.05 yuan in the same period last year. As at the end of the reporting period, the Company had total assets of RMB40.573 billion, representing a decrease of 7.8% as compared with the end of last year, and total liabilities of RMB216.1 billion.

2024-12-02

What is happening in the cement industry?

2024-12-02

According to the Securities Law of the People's Republic of China, the Administrative Punishment Law of the People's Republic of China and other laws and regulations, on November 15, 2024, the CSRC decided to file a case against Zhao Hui, one of the actual controllers of the company.

2024-12-02

What is happening in the cement industry?

2024-12-01

As a traditional basic building materials industry, under the multiple pressures of overcapacity, shrinking demand and new environmental protection regulations, how to reduce costs and increase profits is a challenge to enterprise management. Specific to the material supply department, how to play a role in reducing costs and increasing efficiency in enterprises, in addition to adopting advanced procurement strategies to purchase high-quality and low-cost materials, it is also an important measure to reduce costs by making full use of the advantages of the supply chain platform, fully revitalizing the sluggish assets and making the backlog inventory play a role.

2024-11-30

What is happening in the cement industry?

2024-11-30

The rapid completion and commissioning of the 3000t/d clinker production line of Huaxin Mozambique's Nacala plant, demonstrating the "Huaxin speed", will enhance market competitiveness and expand business in Africa.

2024-11-29

With the decline of temperature, the demand for terminal construction is weakening, the demand for concrete market is weakening, and the quotation of enterprises is mainly stable. From November 21 to November 27, the national concrete price index closed at 112.35 points, with a stable ring-to-ring ratio and a year-on-year decline of 10.13%.

2024-11-29

According to China Cement Market Data Center News, the southwest region of Sichuan is mixed; Chongqing cement prices are down, rain and high inventory affect the market; Yunnan and Guizhou are temporarily stable as a whole.

2024-11-29

According to the China Cement Network Market Data Center, the price of cement in the Pearl River Delta of Guangdong in central and southern China has fallen slightly, while Guangxi is still stable. There is a slight loosening in eastern Hubei, and there is no big change in Hunan this week.

2024-11-29

According to the China Cement Network Market Data Center, the northwest region is mainly stable as a whole, and the price of cement in some areas of Bazhou, Xinjiang, has been raised by about 30 yuan/ton. At present, Shaanxi is actively implementing the strategy of staggering the peak and shutting down the kilns. Meanwhile, some projects under construction continue to maintain the demand for cement, which maintains the stability of market demand.

2024-11-29

China Cement Net Market Data Center News: The market demand in the southwest region is general, and the concrete price is temporarily stable.

2024-11-29

The concrete market in Northeast China is stable and light.

2024-11-29

Weak and stable demand, stable and weak operation of concrete quotation

2024-11-29

China Cement Net Market Data Center News: The price of concrete in Northwest China is mainly stable.

2024-11-29

Since the 28th, some major enterprises in the province have notified that the price of high-standard cement will be raised by 50 yuan/ton, and some low-standard cement will be raised by 20-30 yuan/ton.

2024-11-29

The concrete market in North China is weak, and the weather affects the demand.

2024-11-29

Demand is flat, and the price of concrete in central and southern China is stable.

2024-11-29

On November 24, Yu Feng, chairman of Shangfeng Cement, was invited to Tsinghua University to give a wonderful lecture to the students of EMBA23 Industry Class 1. The theme of this lecture is "Transformation and Upgrading of Traditional Industries and Corporate Governance-Innovative Practice of Shangfeng", which aims to provide students with experience and enlightenment in transformation and upgrading of traditional industries and corporate governance through the practical cases of Shangfeng Cement.

2024-11-29

Energy-saving effect of oxygen-enriched combustion is the key to investment benefit and payback period. The key of oxygen-enriched combustion technology is oxygen production technology + combustion technology, and the embodiment of energy-saving benefits lies in combustion technology.

2024-11-29