Tianshan shares: loss of 1.923 billion yuan in the first quarter of 2024

2024-04-30 08:58:35

Tianshan shares on April 30, the first quarter of 2024 results announcement said, the first quarter of 2024 revenue of about 16.351 billion yuan, a decrease of 26.94%; the net profit loss attributable to shareholders of listed companies is about 1.923 billion yuan.

Tianshan shares on April 30, the first quarter of 2024 results announcement said, the first quarter of 2024 revenue of about 16.351 billion yuan, a decrease of 26.94%; the net profit loss attributable to shareholders of listed companies is about 1.923 billion yuan. In the same period last year, the revenue was about 22.379 billion yuan, and the net profit loss attributable to shareholders of listed companies was about 1.231 billion yuan.

The announcement said that from January to March 2024, Tianshan shares sold 44.55 million tons of cement clinker , down 11.55% year-on-year; sellers mixed 14.01 million square meters, up 7.74% year-on-year; Sales of aggregate 21.79 million tons, down 6.62% year on year; From January to March of 2024, the company paid close attention to the fine management, reduced the cost and controlled the cost. The cost of cement and commercial concrete decreased to varying degrees compared with the same period last year. However, affected by the sharp decline in market sales prices, the operating efficiency decreased year on year. The company realized operating income of 16.351 billion yuan, down 26.94% from the same period last year; The net profit attributable to shareholders of listed companies is -1923.24 million yuan.

All can be viewed after purchase
Correlation

Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.