Tianshan shares on March 21, the evening of the annual performance report said, 2022 operating income of about 132.581 billion yuan, a decrease of 22.03%; attributable to shareholders of listed companies net profit of about 4.542 billion yuan, a decrease of 63.8%; basic earnings per share of 0.5259 yuan, a decrease of 66.45%.
The announcement said that the company's main business is the production and sale of cement, clinker , commercial concrete and aggregate. As at the end of the reporting period, the Company had a clinker production capacity of 320 million tons, a commercial mixing production capacity of 400 million cubic meters and an aggregate production capacity of 230 million tons.
The company's performance mainly comes from the production and sales of cement, commercial concrete and aggregate. During the reporting period, the aggregate production capacity of the Company increased, the sales volume increased significantly on a year-on-year basis, the gross profit margin increased slightly on a year-on-year basis, and the benefits increased on a year-on-year basis; the demand for cement decreased significantly, the price continued to decline, the coal and electricity prices increased on a year-on-year basis, which pushed up the manufacturing costs, the gross profit margin decreased on a year-on-year basis, and the benefits decreased significantly on a year-on-year basis; the volume and price of commercial concrete decreased, the gross profit margin decreased slightly on a year-on-year basis, and the benefits decreased on a year-on-year basis. The company's overall performance fell sharply year on year.