China Building Materials Co., Ltd., Shangfeng, Jianfeng and other cement enterprises released their first half performance forecasts.

2024-07-10 09:22:34

Big guess, what do you think of the first half performance of Conch Cement?

China Building Materials Co., Ltd.

announced that the company expects an unaudited loss attributable to equity holders of about 2 billion yuan for the six months ending June 30, 2024. The profit attributable to equity holders in the same period last year was about RMB 1.404 billion.

Tianshan shares

Tianshan shares issued a semi-annual performance forecast, the company expects a performance loss in January-June 2024, the net profit loss attributable to shareholders of listed companies is 2.9 billion to 3.5 billion . The basic earnings per share is estimated to be -0.404 to -0.3347 yuan.

Shangfeng Cement

Shangfeng Cement announced its semi-annual performance forecast for 2024. During the reporting period, the net profit attributable to shareholders of listed companies was 160 million yuan to 180 million yuan , down 69.89% to 66.13% from the same period last year; Basic earnings per share is 0.17 yuan per share-0.19 yuan per share.

Jidong Cement

Company is expected to increase its losses from January to June 2024, with net profit attributable to shareholders of listed companies ranging from-870 million to-740 million , and net profit falling by 137.61% to 102.11% year on year. The basic earnings per share is estimated to be -0.3273 to -0.2784 yuan.

Fujian Cement

Fujian Cement is expected to achieve a net profit attributable to the owners of the parent company of about -104.9 million yuan in the first half of 2024, a decrease of about 27.4 million yuan compared with the same period last year. On the evening

of July 9

, Jianfeng Group issued a semi-annual performance forecast, predicting a sharp decline in its performance from January to June 2024, with a net profit of 38 million to 56 million attributable to shareholders of listed companies. Net profit fell 65.96% to 49.83% year on year. On the evening

of July 8

, Tapai Group issued a semi-annual performance forecast for 2024, saying that the net profit attributable to shareholders of listed companies during the reporting period was 219-243 million , down 50-55% from the same period last year; Basic earnings per share: RMB0.19 per share – RMB0.21 per share.

Big guess, what do you think of the first half performance of Conch Cement? It is understood that Conch Cement's net profit attributable to shareholders of listed companies in the first quarter of 2024 was 1.502 billion yuan, down 41.14% from the same period last year. Net profit attributable to the company in the first half of 2023 was 6.468 billion yuan, down 34.26% from the same period last year.

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Correlation

Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.