Conch Cement announced on April 26 that the company achieved operating income of 21.328 billion yuan in the first quarter, down 32.08% year-on-year; net profit of 1.502 billion yuan, down 41.14% year-on-year; basic earnings per share of 0.28 yuan. The
change in performance was mainly due to the year-on-year decrease in sales volume and selling price of the Group's cement business products, resulting in a year-on-year decrease in operating income and profit.
