Tianshan shares: net profit in the first three quarters of 2023 was about 50.85 million yuan, down 98.75% from the same period last year

Tianshan shares on October 26, the third quarter results announcement said that in the first three quarters of 2023, revenue was about 80.387 billion yuan, a decrease of 18.5%; the net profit attributable to shareholders of listed companies was about 50.85 million yuan, a decrease of 98.75%. From January to September

in 2023, the Company sold 171.91 million tons of cement, with a year-on-year decrease of 1.81%; sold 23.76 million tons of clinker , with a year-on-year decrease of 12.98%; sold 53.54 million cubic meters of mixed cement, with a year-on-year decrease of 7.85%; Sales of aggregates amounted to 102.85 million tonnes, representing a year-on-year increase of 20.79% ; From January to September in 2023, the company paid close attention to the fine management, effectively started the management mechanism of benchmarking assistance, reduced costs and controlled costs, and the cost of cement and commercial concrete decreased to varying degrees compared with the same period last year. However, affected by the sharp decline in market sales prices, the operating efficiency decreased year on year, and the company realized operating income of 80.4 billion yuan, a decrease of 18.50% compared with the same period last year; Net profit attributable to shareholders of the listed company was RMB50.85 million, representing a decrease of 98.75% as compared with the corresponding period of last year. The Company maintains its strategic focus, adheres to the general keynote of steady progress, pays close attention to the ecological construction of the industry externally, continuously deepens the three-fine management internally, and continues to do a good job in quality and efficiency, structural adjustment, management level, innovation ability, deepening reform, green transformation, Party building and other work.