Tapai Group: Net Profit in 2022 Is Expected to Decrease by 83% -88% over the Same Period Last Year

2023-01-14 13:42:57

Influenced by the epidemic situation and the cumulative effect of real estate regulation, the cement market demand has been significantly reduced, and the supply-demand relationship has been seriously unbalanced, resulting in a large decline in cement prices in various regions.

Tapai Group (002233) issued a performance forecast on the evening of January 13, predicting a net profit of 220 million yuan to 312 million yuan in 2022, down 83% to 88% from the same period last year. Influenced

by the epidemic situation and the cumulative effect of real estate regulation, the cement market demand has been significantly reduced, and the supply-demand relationship has been seriously unbalanced, resulting in a large decline in cement prices in various regions . During the reporting period, the sales volume of cement of the Company decreased by approximately 8% year-on-year, and the sales price of cement decreased by approximately 18% year-on-year. Meanwhile, due to the impact of the year-on-year increase in the purchase price of coal, the sales cost of cement of the Company increased by approximately 9% year-on-year during the reporting period, resulting in a significant decrease in the comprehensive gross profit margin of the Company and a significant decrease in the level of profitability.

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Influenced by the epidemic situation and the cumulative effect of real estate regulation, the cement market demand has been significantly reduced, and the supply-demand relationship has been seriously unbalanced, resulting in a large decline in cement prices in various regions.

2023-01-14 13:42:57

In order to further study and implement Xi Jinping's thought of ecological civilization, resolutely implement the deployment requirements of the State Council's Action Plan for Continuous Improvement of Air Quality, conscientiously implement the work arrangements of the Party Committee and the government of the autonomous region, and continuously consolidate the achievements of the year of tackling key problems in the protection and control of the ecological environment, on October 15, 2026, the State Council of the People's Republic of China decided to implement the plan. The People's Government of the Autonomous Region held a kick-off meeting on air pollution prevention and control in the winter and spring of 2026-2027. Vice Chairman Liu Jun presided over and delivered a speech. Members of the leading group of the construction of ecological civilization of the Party Committee of the Autonomous Region are responsible for comrades, members of the team of the Department of Ecological Environment and relevant departments and institutions.