Conch Cement: Net profit in the first three quarters was about 8.672 billion yuan, down 30.17% year-on-year.

On the evening of October

27, Conch Cement announced that its business income in the first three quarters of 2023 was about 99.04 billion yuan, an increase of 16.07% over the same period last year; Net profit attributable to shareholders of the listed company was approximately RMB8.672 billion, representing a year-on-year decrease of 30.17%; basic and diluted earnings per share was RMB1.64. The decrease in

net profit was mainly due to the decrease in sales price of cement products of the Group, resulting in a year-on-year decrease in total profit.