Evergreen: Net profit in 2022 was 388 million yuan, down 75.6% year-on-year.

Evergreen announced the 2022 annual report, the company achieved operating income of 11.282 billion yuan in 2022, down 20.58% year-on-year; the net profit attributable to shareholders of listed companies was 388 million yuan, down 75.64% year-on-year, and the basic earnings per share was 0.49 yuan. During the reporting period, the Company produced 21,247,800 tons of cement, representing a year-on-year decrease of 13.93%; sold 21,176,600 tons of cement, representing a year-on-year decrease of 13.60%; and sold 3,567,300 tons of clinker , representing a year-on-year increase of 12.30%.

The announcement shows that the company's production and operation performance is mainly driven by the price of raw materials needed for production and manufacturing, national macroeconomic policies, peak staggering production, fixed investment in business coverage areas and other factors, with obvious cyclical, seasonal and regional characteristics.