On April 12, Red Wall released its performance report for 2022. The report shows that during the reporting period, the company achieved a total operating income of 93839 5900 yuan, down 39.52% year-on-year, the net profit attributable to shareholders of listed companies was 89.9459 million yuan, down 20.23% year-on-year, and the net profit attributable to shareholders of listed companies after deducting recurring gains and losses was 62.851 million yuan, down 23.78% year-on-year. At the end of the report period, the Company was in good financial condition. The total assets of the Company were RMB 200,021,300 yuan, decreased by 17.73% compared with that at the beginning of the report period. The 151634 of owner's equity attributable to the shareholders of the listed company was RMB 4,700 yuan, increased by 6.17% compared with that at the beginning of the report period. The net assets per share attributable to the shareholders of the listed company was RMB 7.26 yuan, increased by 5.22% compared with that at the beginning of the report period.
This was mainly due to the decline in demand in the downstream construction industry and the decrease in the company's shipments, which led to a year-on-year decline in operating income. However, the company promoted a series of measures such as cost reduction and efficiency enhancement, optimization of asset structure, and actively responded to the impact of the decline in the business volume of concrete admixtures in the industry.
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