Huaxin Cement disclosed its performance report on August 1. In the first half of the year, it realized operating income of 15.83 billion yuan, an increase of 10.02% over the same period last year; net profit of 1.19 billion yuan, a decrease of 24.85% over the same period last year; basic earnings per share of 0.85 yuan.
The announcement shows that in the first half of 2023, due to the growth of overseas cement sales, the company achieved cement and commercial clinker sales of 29.9514 million tons, an increase of 2.13% over the same period last year (of which: domestic cement and commercial clinker sales decreased by 0.76% over the same period last year). In the first half of the year, the aggregate sales amounted to 50.5124 million tons, representing a year-on-year increase of 103.30%, and the concrete sales amounted to 10.9497 million m3, representing a year-on-year increase of 82.31%. At the same time, the company continued to promote the development of environmental protection business, control consumption and reduce costs, and received 1.94 million tons of various wastes in the first half of the year, an increase of 11% over the same period last year. During the
reporting period, the Company realized an operating income of RMB15.832 billion, representing a year-on-year increase of 10.02%. Affected by the year-on-year decrease in the price and sales volume of domestic cement and commodity clinker, the Company realized a net profit attributable to the shareholders of the listed company of RMB1.193 billion, representing a year-on-year decrease of 24.85%. In the second quarter, the Company realized an operating income of RMB9.203 billion, representing a year-on-year increase of 17.11%, and realized a net profit attributable to shareholders of the listed company of RMB945 million, representing a year-on-year increase of 3.23%.
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