Recently, Tapai Group disclosed its performance report that in 2022, it realized business income of 6.035 billion yuan, down 21.76% from the previous year, and net profit of 266 million yuan, down 85.5% from the previous year.
The announcement shows that in 2022, the cement industry in Guangdong will be weakened and the market demand will be depressed as a whole. The cumulative output of cement in Guangdong Province will be 151 million tons, down 11.40% from the same period last year, and the supply and demand will be unbalanced in stages. Combined with the disorderly inflow of low-priced cement from Guangxi, Fujian and other provinces, the price of cement has been falling since the beginning of the year, coupled with the rising price of raw materials and fuels, resulting in a sharp decline in the efficiency of cement enterprises, and the industry indicators are at the worst level in recent years.
In 2022, Tapai Group achieved a cement output of 18.4457 million tons, a decrease of 7.65% over the same period last year, and a cement sales volume of 18.2644 million tons, a decrease of 7.70% over the same period last year; The sales volume of clinker was 886,600 tons, increased by 319.75% compared with the same period of last year; the operating income was 6.035 billion yuan, decreased by 21.76% compared with the same period of last year; The total profit and net profit attributable to shareholders of listed companies were 381 million yuan and 266 million yuan, respectively, down 84.25% and 85.50% from the same period last year.
In 2022, affected by the epidemic situation and the cumulative effect of real estate regulation, the cement market demand decreased significantly, and the supply-demand relationship was seriously unbalanced, resulting in a significant decline in cement prices in various regions. The cement prices in eastern Guangdong continued to fall since the beginning of the year, and only stabilized and rebounded in September after entering the traditional peak sales season. During the reporting period, the company's cement sales price decreased by 18.35% compared with the same period last year; Affected by the year-on-year increase in the purchase price of coal, the average sales cost of cement of the Company increased by 9.59% as compared with the same period of last year. The decrease in the selling price and the increase in the cost resulted in a decrease in the comprehensive gross profit rate of the Company from 37.22% in the same period of last year to 17.00%, a decrease of 20.22 percentage points, and a significant decrease in profitability.
浙公网安备33010802003254号