Jidong Cement: It is expected to achieve a net profit of 1.35 billion yuan to 1.52 billion yuan in 2022, a year-on-year decrease of 51.96% to 45.91%.

Jidong Cement disclosed its annual performance forecast for 2022 on January 10. The company expects to achieve a net profit of 1.35 billion yuan to 1.52 billion yuan attributable to shareholders of listed companies in 2022, a decrease of 51.96% to 45.91% compared with the same period last year. The main reason for the change in

results was that, during the reporting period, affected by the downturn of the real estate industry and other factors, the comprehensive sales volume of cement and clinker decreased year-on-year; at the same time, affected by the significant increase in the prices of coal and other major raw materials, the cost of cement and clinker increased year-on-year.

During the reporting period, according to the accounting caliber, the company's sales volume of cement and clinker was about 87 million tons, down about 13% year on year.