Western Cement recently announced its annual performance in 2023. The report shows that the group's revenue increased to 9 billion 21 million yuan, an increase of 6.3% over the same period last year. However, profit attributable to owners of the company decreased by 65.3% year-on-year to 421 million yuan.
At present, the cement industry has serious overcapacity, the impact of peak staggering production on the supply side has declined significantly, the "competition and cooperation relationship" formed over the years has broken down, and the pressure of industry operation has doubled. How should the cement industry get out of the predicament and face the new cycle? On March 28-29, China Cement Network will hold the "13th China Cement Industry Summit and TOP100 Award Ceremony" in Hangzhou, during which awards will be given to top 100 cement and supplier enterprises, and experts and scholars will be invited. China Railway and other construction units jointly discuss the new development trend of the cement industry in the future, and work together to create the future!
