Conch Cement: net profit in the first half of the year was 6.468 billion yuan, down 34.26% from the same period last year.

Conch Cement (600585.sh) announced the 2023 interim report. During the reporting period, the Group's operating revenue prepared in accordance with the PRC accounting standards was 65.436 billion yuan, an increase of 16.28% over the same period last year; Net profit attributable to shareholders of listed companies was 6.468 billion yuan, down 34.26% from the same period last year; earnings per share was 1.22 yuan, down 0.64 yuan per share from the same period last year. Operating income prepared in accordance with the International Financial Reporting Standards was RMB65,436 million, representing an increase of 16.28% as compared with the same period of last year; net profit attributable to shareholders of the listed company was RMB6,756 million, representing a decrease of 32.24% as compared with the same period of last year; earnings per share was RMB1.27, representing a decrease of RMB0.61 per share as compared with the same period of last year. During the

reporting period, the Group added 21.6 million tons of aggregate production capacity, 7.8 million cubic meters of commercial concrete production capacity and 38 MW of photovoltaic power generation capacity. As at the end of the reporting period, the Group's clinker production capacity was 269 million tons, cement production capacity was 388 million tons, aggregate production capacity was 130 million tons, commercial concrete production capacity was 33.3 million cubic meters, and the installed capacity of photovoltaic power generation was 513 MW. During the

reporting period, the Group actively promoted project construction and development, continued to strengthen and optimize the main cement business, and actively extended the industrial chain. In the main cement industry, Shuicheng Conch Low Carbon Reduction Replacement Project was completed and put into operation, the construction of cement clinker production line projects of Uzbekistan Tashkent Conch, Shangfeng Friendship Company and Cambodia Phnom Penh Conch was carried out in an orderly manner, and the relocation project of Baling Conch Grinding Station and Mengcheng Conch Grinding Station were successfully started; In terms of industrial chain extension, eight aggregate projects such as Maanshan Green Building Materials and Wuhu Jianke were successfully put into operation, and eight new commercial concrete projects in operation were actively added through new construction, mergers and acquisitions and leasing.