On April 27, Tangshan Jidong Cement Co., Ltd. released the first quarter report of 2024. The
report shows that in the first quarter of 2024, the company's operating income was 3.341 billion yuan, down 35.56% from the same period last year; the net profit loss attributable to shareholders of listed companies was 1.099 billion yuan, an increase of 38.68%; The net profit loss attributable to shareholders of listed companies after deducting non-recurring gains and losses was 1.14 billion yuan, an increase of 37.49%.
Jidong Cement said in the announcement that the reasons for the decrease in operating income and operating costs were: mainly due to the year-on-year decrease in the comprehensive sales volume of cement clinker , the year-on-year decrease in the selling price, and the year-on-year decrease in the unit sales cost, resulting in the year-on-year decrease in operating income and costs.
