In the first half of the year, the utilization rate of clinker production capacity of China Resources Building Materials Technology reached 75.6%.

2024-08-26 10:12:41

On 16 August, China Resources Building Material Technology Holdings Limited (stock code: 1313.HK) announced its interim results for 2024. In the first half of 2024, the consolidated turnover of the Company decreased by 13.9% year-on-year to RMB10.31 billion, the profit attributable to owners of the Company decreased by 70.2% year-on-year to RMB170 million, and the basic earnings per share was RMB0.024. As of June 30, 2024, the total assets of the company were 72.61 billion yuan, the net asset value per share was 6.33 yuan, and the interim dividend rate exceeded 70%.

On

16 August, China Resources Building Material Technology Holdings Limited (stock code: 1313.HK) announced its interim results for 2024. In the first half of 2024, the consolidated turnover of the Company decreased by 13.9% year-on-year to RMB10.31 billion, the profit attributable to owners of the Company decreased by 70.2% year-on-year to RMB170 million, and the basic earnings per share was RMB0.024.

As of June 30, 2024, the total assets of the company were 72.61 billion yuan, the net asset value per share was 6.33 yuan, and the interim dividend rate exceeded 70%.

From the perspective of business, during the period, the external sales volume of cement, clinker , concrete and aggregate was approximately 27.687 million tons, 1.276 million tons, 5.057 million cubic meters and 29.497 million tons, respectively. The capacity utilization rates of cement, clinker and concrete production lines were 64.2%, 75.6% and 27.1%, respectively. The average selling price of cement and clinker was RMB238 per ton; the average selling price of concrete was RMB344 per cubic meter.

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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.