9.1 Cement Morning Post: the net profit of Huaxin Cement decreased by 38.74%; "2024 Fiscal Policy" leak repair; Golden Cudgel Building Materials Destiny

2024-09-01 07:01:20

What is happening in the cement industry?

1、 Huaxin Cement: Net profit of 731 million yuan in the first half of 2024, down 38.74% year-on-year

Huaxin Cement's revenue increased slightly in the first half of 2024, but its net profit fell sharply. The specific financial data showed that the operating income increased by 2.56% year on year, reaching 16.237 billion yuan; the net profit attributable to the parent company and the net profit deducted from non-profits decreased by 38.74% and 41.88% year on year, respectively, 731 million yuan and 680 million yuan. Net cash flow also dropped by 18.64% to 1.731 billion yuan. At the same time, the company's gross interest rate and net interest rate have declined.

2、 8.31 Cement Evening News: Fiscal Policy Report 2024; Leakage Repair Method

The Report on the Implementation of China's Fiscal Policy in the First Half of 2024 shows that under the leadership of the CPC Central Committee, fiscal policy has been strengthened to improve quality, economic stability and high-quality development. The financial operation is stable, the budget is well implemented, and the expenditure in key areas is guaranteed. The Ministry of Finance will deepen reform, strengthen macro-control and enhance policy effectiveness. Leakage repair methods include waterproof coating, cement-based materials, polymer membrane and grouting method, each of which has its own advantages and disadvantages, and the appropriate scheme should be selected after comprehensive consideration.

3、 Cool! The "golden cudgel" favored by the people of the destiny of building materials is also ~

Sun Wukong and his Ruyi Golden Cudgel in the domestic 3A game "Black Myth: Wukong" have become the focus of heated discussion. The article uses this analogy to show the "golden hoop stick" of the building materials industry-modern building materials technology, such as rotary kilns, preheaters, carbon fiber blades, special ceramics, etc., which play a key role in cement production, wind power, wireless communication, mining engineering and other fields, demonstrating the technological progress and innovation in the field of building materials, reflecting the ideal of building materials people to build a better world with technological innovation.

4、 Yunnan Construction and Investment: Building a Model of Yunnan-Hunan Enterprise-Enterprise Linkage, the Group Signed a Strategic Cooperation Agreement with Sany Group

Yunnan Construction and Investment Group and Sany Group signed a strategic cooperation agreement to promote the development of intelligent manufacturing, construction industrialization, new energy and other fields. Based on the principle of complementary advantages, the agreement will carry out comprehensive cooperation in engineering construction, technology research and development, and equipment supply. Leaders of the two sides attended the signing ceremony and exchanged views on cooperation projects and future development, hoping to establish a win-win cooperation model for enterprises in Yunnan and Hunan.

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Correlation

Near the end of the year, the domestic concrete market demand continued to weaken, the cost support declined compared with the previous period, and the price of concrete in many places declined steadily. From December 19 to December 25, the national concrete price index closed at 111.39 points, down 0.80% annually and 10.97% year-on-year.