Jianfeng Group: The net profit in 2022 is expected to decrease by 61.58% to 69.7% year-on-year

Jianfeng Group issued a performance forecast on the evening of January 30, predicting that the net profit attributable to shareholders of listed companies in 2022 will be 280 million yuan to 355 million yuan, a decrease of about 569 million yuan to 644 million yuan compared with the same period last year, a decrease of 61.58% to 69.7%. The main reason for the change in

performance is that, in 2022, the market demand for cement decreased, and the sales volume of the Company's cement products decreased year on year. At the same time, the average price of coal and other raw materials increased significantly year on year, and the production cost increased.