Huaxin Cement: First quarter net profit of about 248 million yuan, down 63.09% year-on-year

2023-04-28 09:23:19

Huaxin Cement (600801) disclosed its quarterly report on the evening of April 27.

Huaxin Cement (600801) disclosed a quarterly report on the evening of April 27. In the first quarter, it realized operating income of 6.628 billion yuan, an increase of 1.49% over the same period last year; net profit of 248 million yuan, a decrease of 63.09% over the same period last year; basic earnings per share of 0.12 yuan. Affected by the market demand, the volume and price of cement, the main product, decreased.

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Huaxin Cement (600801) disclosed its quarterly report on the evening of April 27.

2023-04-28 09:23:19

The cement industry is waiting for the possibility of supply-side liquidation and "re-pricing" in the general loss, while the commercial mixed industry is speeding up shuffling in the shrinking income and the deterioration of repayment. Who can survive this round depends no longer on production capacity, but on capital and account books.