The profit of Shanshui Cement in 2022 was about 749 million yuan, a decrease of 73.0% compared with the same period last year.

Shanshui Cement announced on March 15 that in 2022, the operating revenue of the Company was approximately RMB21.5 billion, representing a decrease of 12.9% as compared with that in 2021; the profit attributable to the equity holders of the Company was approximately RMB749 million, representing a decrease of 73.0% as compared with that in 2021.

As of December 31, 2022, the cement production capacity of Shanshui Group was 91.95 million tons, the clinker production capacity was 50.22 million tons, and the commercial concrete production capacity was 18.1 million cubic meters. During the reporting period, Shanshui Group sold a total of 55,205,000 tons of cement and clinker, representing a year-on-year decrease of 14.0%; sold 3,328,000 cubic meters of commercial concrete, representing a year-on-year decrease of 6.3%.