Sichuan Shuangma: Net profit attributable to parent company in the first quarter of 2024 was 8.7231 million, down 95.88% year-on-year.

2024-04-29 17:44:27

On April 29, Sichuan Harmony Shuangma Co., Ltd. released its first quarter report of 2024.

On April 29, Sichuan Harmony Shuangma Co., Ltd. released its first quarter report of 2024. The

report shows that the operating income of Sichuan Shuangma in the first quarter was 213 million yuan, down 8.68% year-on-year; the net profit attributable to shareholders of listed companies was 8.7231 million yuan, down 95.88% year-on-year; the basic earnings per share was 0.01 yuan/share, down 96.43% year-on-year.


According to China Cement Network, Sichuan Harmony Shuangma Co., Ltd. has two 2500t/d cement clinker production lines in Yibin City, Sichuan Province, with an annual clinker production capacity of 1.55 million tons.

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Correlation

The agreement is effective from January 1, 2025 and lasts for three years until December 31, 2027. According to the agreement, CNBM will provide comprehensive cement kiln co-processing services and related support services to the Company. As CNBM holds a 50% equity interest in Haijian Hong Kong, a subsidiary of the Company, the renewed transaction constitutes a continuing connected transaction of the Company.