BBMG Group: 2022 net profit of 1.21 billion yuan, down 58.7% year on year

2023-03-31 11:31:28

On March 30, Beijing BBMG Group Co., Ltd. (Hereinafter referred to as the "Company") released its annual report for 2022.

On March 30, Beijing BBMG Group Co., Ltd. (Hereinafter referred to as the "Company") released its annual report for 2022. In 2022, the Company achieved operating revenue of RMB102.82 billion, representing a year-on-year decrease of 16.8%. Revenue from principal operations was RMB102.22 billion; total profit was RMB3.33 billion, representing a year-on-year decrease of 57.8%; net profit was RMB1.74 billion, representing a year-on-year decrease of 66.6%; net profit attributable to shareholders of the parent company was RMB1.21 billion, representing a year-on-year decrease of 58.7%.

Among them, the green building materials segment realized main business income of RMB78.27 billion, representing a year-on-year decrease of 4.3%, and gross profit of RMB10.05 billion, representing a year-on-year decrease of 22.6%. In 2022, the consolidated sales volume of cement and clinker was 86.87 million tonnes (excluding joint ventures and associates), representing a year-on-year decrease of 12.89%, of which the sales volume of cement was 77.96 million tonnes and the sales volume of clinker was 8.92 million tonnes. The consolidated gross profit margin of cement and clinker was 19.95%; The total sales volume of concrete in 2022 was 11.917 million cubic meters, representing a year-on-year decrease of 22.03%, and the gross profit margin of concrete was 8.04%, representing a decrease of 2.58 percentage points.

It is understood that, with cement as the core, the company has formed a complete building materials industry chain supporting the upstream and downstream of concrete, wall and insulation materials, prefabricated building systems and parts, furniture and wood industry, and an internal linkage mechanism for products and services such as decoration, architectural design and general contracting of prefabricated buildings, thus forming a coordinated development pattern of the whole industry chain. At present, the production capacity of cement clinker is about 110 million tons, the production capacity of cement is about 180 million tons, the production capacity of ready-mixed concrete is about 54 million cubic meters, the production capacity of aggregate is 62 million tons, the production capacity of grinding aid and admixture is about 240,000 tons, and the annual disposal capacity of hazardous waste and solid waste is more than 5.3 million tons (including construction waste). The company insists on expanding the market and integrating strategic resources simultaneously, with a total limestone reserve of 1.49 billion tons in the Beijing-Tianjin-Hebei region. The company's building materials products and construction and installation services are widely used in the construction of key hot projects such as Beijing's urban sub-center, Xiongan New District, Winter Olympic venues, Beijing Universal Studios and anti-epidemic hospitals, which fully demonstrates the brand, quality and industrial chain advantages of BBMG's new building materials industry, and improves the level of product system application and collaborative marketing.

In order to further promote the green, digital and intelligent development of the cement industry, China Cement Network will be launched on April 24-25, 2023. The " China Cement Industry Green Development Summit Forum and Ultra-clean Emission Technology Exchange Conference " and the " Fourth China Cement Intelligent Summit Forum " were held in Changsha, Hunan Province, inviting industry experts, cement and related enterprises. Jointly promote the high-quality development of the cement industry! After the meeting, we will visit Sinoma Zhuzhou Cement Co., Ltd. and the first set of international "one-box SCR denitrification project of dust and nitrate".


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On March 30, Beijing BBMG Group Co., Ltd. (Hereinafter referred to as the "Company") released its annual report for 2022.

2023-03-31 11:31:28

According to the China Cement Network Market Data Center news, inventory has rebounded slightly, coupled with the impact of low prices of some enterprises, cement prices in many markets in the Yangtze River Delta in East China have fallen steadily. Cement prices in Fujian fell slightly by about 10 yuan/ton.