On March 19, Conch Cement released its performance report for 2023. The report shows that in 2023, the net sales volume of cement clinker of Conch Cement is 285 million tons, the main business income is 86.4 billion yuan, the ex-factory price of cement clinker including tax is 309 yuan/ton, and the total profit is 13.6 billion yuan.
At the same time, Conch Cement has made clear its business development goals for 2024 in the report. In 2024, Conch Cement aims to increase 3.9 million tons of clinker production capacity and 8.4 million tons of cement production capacity; increase 25.5 million tons of aggregate production capacity and 7.2 million cubic meters of commercial mixing production capacity; achieve 299 million tons of net sales of cement clinker; and annual capital expenditure of 15.2 billion yuan. One of the
data is particularly noteworthy. In 2024, Conch Cement aims to achieve a net sales volume of cement clinker of 299 million tons, an increase of 4.91% compared with the actual net sales volume of cement clinker of 285 million tons in 2023.
This is not a small goal at present.
In 2024, the national cement demand is likely to decline. According to the data of the National Bureau of Statistics, the cement output in January-February 2024 was 10000 tons 18280, a decrease of 1.6% over the same period last year, an increase of 0.9 percentage points over the previous value. According to the full-caliber calculation, the output of cement in January-February decreased by 7.9% year-on-year.
In the context of declining demand, Conch Cement will also increase sales, and will definitely need to expand market share and increase market competition. From this point of view, although 2024 has just begun, the cement industry has been surging. The market situation in 2024 is not optimistic.
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. 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!
