Tianshan shares in the evening of August 26th issued 2024 semi-annual report, the company achieved operating income of 39.699 billion yuan in the first half of the year, down 25.72%; net loss of 3.414 billion yuan, from profit to loss; The main reason for the decline in performance is the decline in real estate investment and the shortage of infrastructure funds, which led to a sharp decline in demand for cement. Despite the reduction in coal prices and costs, the price of cement was lower, the decline exceeded the cost decline, and the gross profit margin declined, resulting in a significant decline in overall efficiency.
