On the evening of April 22, Guangdong Tapai Group Co., Ltd. (Hereinafter referred to as the "Company") disclosed the First Quarter Report of 2024. During the
reporting period, the company's sales of cement and clinker were 3.4539 million tons and 165000 tons respectively, which decreased by 8.28% and 22.58% respectively compared with the same period last year; In terms of price, it continued the trend since the fourth quarter of last year, but the year-on-year decline was relatively large, and the sales price of cement of the Company during the reporting period decreased by 19.11% year-on-year. In terms of cost, the average sales cost of cement during the reporting period decreased by 19.36% year-on-year, benefiting from the decrease in the purchase price of coal and other raw materials and labor costs; Under the influence of superposition, the profit level of unit cement in the reporting period decreased accordingly. Affected by the decline in cement sales volume and price, the company realized business income 99330 of 85000 yuan in the reporting period, down 24.38% from the same period last year; During the reporting period, the Company realized a net profit attributable to the shareholders of the Company of 14885 RMB0.53 million, representing a decrease of 36.07% as compared with the same period of last year, which was due to the decrease in cement sales volume and profitability per unit of cement, combined with the year-on-year decrease in non-recurring profit and loss of RMB59.429 million caused by the decrease in floating profit of securities investment and income from disposal of assets of the Company during the reporting period.
