On March 15, Tapai Group released its annual financial report for 2023. In 2023, Tapai Group achieved a revenue of 5.535 billion yuan, a year-on-year decrease of 8.29%; the net profit attributable to shareholders of listed companies was 742 million yuan, a year-on-year increase of 178.55%. In
2023, Tapai Group achieved a cement sales volume of 17.6316 million tons, a decrease of 3.46% compared with the same period last year; achieved a clinker sales volume of 888,000 tons, basically the same as the same period last year; The operating income was RMB5.535 billion, representing a year-on-year decrease of 8.29%; the net profit attributable to shareholders of the listed company was RMB742 million, representing a year-on-year increase of 178.55%. The annual net profit target of more than 500 million yuan was achieved by 148.4%.
The above financial data show that the main financial data indicators of Tapai Group in 2023 increased significantly year on year, mainly because during the reporting period, the company continued to promote the work of reducing costs and increasing efficiency, continuously reducing product costs, and superimposed the impact of a 25.12% year-on-year decline in coal purchase prices. During the reporting period, the average cost of cement sales of the Company decreased by 16.41% year on year. Benefiting from the precise, effective and pragmatic marketing strategy, the sales volume of cement of the Company decreased by 3.46% year on year and the average selling price of cement decreased by 5.14% year on year during the reporting period. Benefiting from the fact that the average sales cost of cement of the company decreased more than the average sales price of cement during the reporting period, the comprehensive gross profit rate increased by 9.28 percentage points year-on-year, and the profitability of the main cement industry improved significantly year-on-year. At the same time, affected by the reduction of floating losses in securities investment, non-recurring gains and losses during the reporting period increased by 155 million yuan over the same period last year, which led to a significant increase in operating profit, total profit and net profit attributable to shareholders of listed companies during the reporting period. Affected by the substantial increase in net profit attributable to shareholders of listed companies during the reporting period, the weighted average return on net assets of the company increased by 4.07 percentage points during the reporting period.
