Tianshan shares in the first half of the results released! Which subsidiary performed best?

2024-08-27 15:32:57

On the evening of August 26, Tianshan Stock released the semi-annual report of 2024. In the first half of the year, the company realized operating income of 39.699 billion yuan, down 25.72% year-on-year; net loss of 3.414 billion yuan, profit to loss year-on-year; basic earnings per share of -0.394 yuan. According to the data, among the subsidiaries of Tianshan Stock Company, China United Cement Group Co., Ltd. performed well in the first half of this year, with net profit turning from loss to profit.

On the evening of August

26, Tianshan Stock released the semi-annual report of 2024. In the first half of the year, the company realized operating income of 39.699 billion yuan, down 25.72% year-on-year; net loss of 3.414 billion yuan, profit to loss year-on-year; basic earnings per share of -0.394 yuan.

Major subsidiaries and shareholding companies with an impact of more than 10% on the company's net profit are as follows:

Relevant data show that Tianshan's operating income in the first half of 2023 was 53.443 billion yuan, and the net profit attributable to the parent company was 142 million yuan. The

major subsidiaries and the shareholding companies with an impact of more than 10% on the net profit of the Company are as follows:

According to the above data, among the subsidiaries of Tianshan Cement Co., Ltd., China United Cement Group Co., Ltd. performed well in the first half of this year, and its net profit turned from loss to profit.

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Correlation

This article is selected from Song Zhiping's book "Reform Heart Road", which describes his motivation and effect of restructuring cement in those years, and has been published by China Cement Network. Recently, there has been a call for restructuring and mergers and acquisitions in the cement industry. Reviewing this old article may have the effect of reviewing the old and learning the new, encouraging the industry to promote a new round of restructuring, and solving the persistent problems of the industry.