Sichuan Shuangma: The net profit attributable to the parent company in the first half of the year dropped by 12.92% to 455 million yuan, and the downstream showed a greater demand for cement and aggre

On August 30, Sichuan Shuangma disclosed its semi-annual report that in the first half of the year, the company realized operating income of 561 million yuan, down 9.66% year-on-year; net profit of 455 million yuan, down 12.92% year-on-year; basic earnings per share of 0.6 yuan.

In the first half of the year, the main market region experienced a development trend of first declining and then rising. In the first quarter, affected by the Spring Festival holiday, environmental protection control and other factors, the situation of superimposed funds in place was not as expected, the progress of downstream projects slowed down, and the overall demand was weak, resulting in insufficient demand for building materials. Since the second quarter, with the gradual acceleration of economic activities, supporting funds have been put in place. The existing and new key engineering projects and urban construction projects within the main business areas of the Company rapidly resumed production, and downstream customers showed a greater demand for the Company's cement and aggregate products. Affected by this, the sales volume of the Company's products recovered rapidly and showed a state of short supply in stages.