[Video] Kilns were shut down for 60 days throughout the year, and some cement enterprises in Wuhan continued to lose money.

2023-07-26 10:35:46

We are already discontinuing production. In 2023, the kiln will be shut down for 60 days in the whole year, and this month will be enough.

A cement enterprise

in Wuhan has no choice but to feedback that the current cement sales are poor and the inventory is high, and the enterprise has been losing money continuously. Cement prices in Wuhan and eastern Hubei are in a low-lying state.

We are already discontinuing production. In 2023, the kiln will be shut down for 60 days in the whole year, and this month will be enough. The above-mentioned cement enterprises said that at present, the enterprises are in the process of off-peak shutdown and are expected to stop around August 5. But even if it has stopped production, it does not seem to have much effect on alleviating the contradiction between supply and demand of cement. In the context of the continuous downturn of real estate, even if infrastructure projects have increased, it is difficult to alleviate the current plight of the cement industry.

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We are already discontinuing production. In 2023, the kiln will be shut down for 60 days in the whole year, and this month will be enough.

2023-07-26 10:35:46

On October 27, Longquan Co., Ltd. (002671) announced the third quarterly report of 2026. The company's operating income was 769 million yuan, down 34.8% year on year. The net profit loss of the parent company was 11.81 million yuan, down 109.7% year on year. The net profit loss of the non-parent company was 13.28 million yuan, down 111.2% year on year; Net operating cash flow was RMB50.99 million, representing a year-on-year decrease of 65.1%; EPS (fully diluted) was RMB-0.021.