According to the incomplete statistics of China Cement Network, recently, China Building Materials, Conch Cement, Tianshan Stock, Huaxin Cement, Jidong Cement, China Resources Cement, " from the published results. Apart from the year-on-year increase in net profits of Tapai Group and Qingsong Jianhua, the profits of other cement enterprises have declined, and many enterprises have lost money in the first three quarters.
China Building Materials Co.
, Ltd. released its third quarter report of 2023, which said that the company achieved a total operating income of 159.581 billion yuan (RMB, the same below) in the first three quarters, a decrease of 9.48% compared with the same period last year.
Conch Cement
announced on the evening of October 27 that its operating 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; The net profit attributable to the 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 1.
The decrease in net profit was mainly due to the decrease in the selling price of the cement business products of the Group, resulting in a year-on-year decrease in total profit.
Tianshan shares
issued a third-quarter performance announcement on October 26, saying that revenue in the first three quarters of 2023 was about 80.387 billion yuan, a decrease of 18.5% compared with the same period last year; Net profit attributable to shareholders of listed companies was about 50.85 million yuan, a decrease of 98.
Huaxin
Cement Huaxin Cement issued its third quarter performance announcement on October 28, saying that revenue in the first three quarters of 2023 was about 24.165 billion yuan, an increase of 10.79% over the same period last year; Net profit attributable to shareholders of listed companies was about 1.874 billion yuan, a decrease of 15.
Jidong
Cement released a report for the first three quarters of 2023, with operating income of 22.344 billion yuan. Net loss attributable to shareholders of listed companies 3.
On October 27, China Resources
Cement announced that its turnover in the first three quarters of 2023 was HK $17.8927 billion, down 26.1% from the same period last year; Net profit attributable to owners of the Company was HK $710.2 million, representing a year-on-year decrease of 61.
Shanshui Cement
On October 24, Shanshui Cement announced that for the nine months ended September 30, 2023, its operating income was RMB14.057 billion (RMB, the same below). 1.
Yatai
Group disclosed the third quarter report of 2023. In the first three quarters, the company realized revenue of 7.918 billion yuan, down 25.98% from the same period last year.
Ningxia building materials
on October 25, 2023, Ningxia building materials disclosed the third quarter report of 2023, the first three quarters of the company achieved revenue of 7.488 billion yuan, an increase of 15.73% over the same period last year; Net profit attributable to parent company was RMB292 million, representing a year-on-year decrease of 51.
Asia Cement
On October 27, Asia Cement (China) announced that its revenue for the nine months ended September 30, 2023 amounted to RMB5.716 billion, representing a year-on-year decrease of 19.35%; Profit attributable to owners of the Company amounted to RMB116 million, representing a year-on-year decrease of 68.
Qilianshan
On 27 October, Gansu Qilianshan Cement Group Co., Ltd. released its results report for the third quarter of 2023. In the first three quarters, operating income was 5 billion 680 million yuan, down 12.06% from the same period last year; Net profit attributable to shareholders of listed companies was 543 million yuan, down 35 from the same period last year.
Shangfeng
Cement issued its third quarter performance announcement on the evening of October 25, saying that revenue in the first three quarters of 2023 was about 4.877 billion yuan, down 5.54% from the same period last year; Net profit attributable to shareholders of listed companies was about 701 million yuan, a decrease of 17.
On October 24, Tapai Group released its third quarter report for 2023. The report shows that in the first three quarters, Tapai Group achieved revenue of 4 billion 116 million yuan, an increase of 0.09% over the same period last year;
Qingsong
Jianhua disclosed the third quarter report of 2023. In the first three quarters, the company realized revenue of 3.573 billion yuan, an increase of 6.52% over the same period last year.
Xizang Tianlu
Xizang Tianlu issued a third-quarter performance announcement on the evening of October 27, saying that revenue in the first three quarters of 2023 was about 2.809 billion yuan, an increase of 0.79% over the same period last year; The net profit loss attributable to shareholders of listed companies is about 2.
Jianfeng
Group Jianfeng Group issued its third quarter performance announcement on the evening of October 27, saying that its revenue in the first three quarters of 2023 was about 2.065 billion yuan, a decrease of 20.35% compared with the same period last year; Net profit attributable to shareholders of listed companies was about 128 million yuan, a decrease of 30.
Fujian Cement
On October 24, Fujian Cement Co., Ltd. released its performance report for the third quarter of 2023. In the first three quarters, Fujian cement business income was 1.495 billion yuan, down 21.14% from the same period last year; Net profit attributable to shareholders of the listed company was -228 million yuan, down 14 from the same period last year.
Concern: With the decline in cement demand and the arrival of the peak of production capacity, the market competition has become increasingly fierce, and a cyclical industry reshuffle is inevitable. Relying on digital and intelligent technology means, realizing technology and management upgrading, continuously reducing energy consumption, pollutant emissions and carbon emissions, and enhancing the comprehensive competitiveness of enterprises are the key for cement enterprises to meet the challenges.
To this end, China Cement Network will be launched on November 29, 2023. The < a href = "https://www.ccement.com/news/content/38136177720945001." was held in Hangzhou with the theme of "Data-driven Decision-making Intelligence Leads the Future".
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