Evergreen: estimated net profit of 1.2 million yuan to 1.7 million yuan in the first half of 2024

2024-07-11 14:22:17

In the first half of this year, due to the continuous decline in real estate investment, the slowdown in infrastructure investment and the impact of rainy weather, the downstream demand of the cement industry was insufficient, the contradiction between supply and demand intensified, and the sales volume and price of the company's products declined year on year, resulting in a decline in operating income and profits.

On the evening of July

10, Evergreen announced its semi-annual performance forecast for 2024. During the reporting period, the net profit attributable to shareholders of listed companies was 1.2 million yuan to 1.7 million yuan, down 99.55% to 99.36% from the same period last year; Net profit loss after deduction of non-recurring profit and loss was RMB30 million to RMB18 million, representing a decrease of 111.85% to 107.11% as compared with the same period of last year; basic earnings per share was RMB0.0015 per share to RMB0.0021 per share. Reasons for changes in

results:

In the first half of this year, due to the continuous decline in real estate investment, the slowdown in infrastructure investment and the impact of rainy weather, the downstream demand of the cement industry was insufficient, the contradiction between supply and demand intensified, and the sales volume and price of the company's products declined year-on-year, resulting in a decline in operating income and profit.

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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.