Cement Net Exclusive: Net Profit of 8 Construction Central Enterprises Exceeds 80 Billion in the First Half of the Year, China's Construction Industry Ranks First

2024-09-06 15:04:46

At present, the eight central construction enterprises have announced their performance in the first half of 2024, and all of them have made profits, with a total profit of 83.138 billion yuan, down 7.48% from the same period last year. China Construction achieved a net profit of 29.45 billion, ranking first; China Railway 14.278 billion, ranking second; China Railway Construction 11.902 billion, ranking third; followed by China Communications Construction, China Power Construction, China Smelter, China Chemical and China Energy Construction.

At present, eight major construction central enterprises have announced their performance in the first half of 2024, and all of them have made profits, with a total profit of 83.138 billion yuan, down 7.48% from the same period last year.

China Construction achieved a net profit of 29.45 billion, ranking first; China Railway 14.278 billion, ranking second; China Railway Construction 11.902 billion, ranking third; followed by China Communications Construction, China Power Construction, China Smelter, China Chemical and China Energy Construction. In terms of

rise and fall, the net profit of six of the eight major construction central enterprises fell year-on-year, while only China Construction and China Nengjian increased year-on-year. Specifically, China Nengjian's profit increased the most, reaching 4.67%; China Smelter's profit fell the most, at -42.5%. In terms of

revenue, eight construction central enterprises have a total revenue of 343.0124 billion yuan, and seven construction central enterprises have a revenue of over 100 billion yuan, of which China's construction revenue is 11446 119 billion yuan, China Railway's revenue is 543.285 billion yuan, and China Railway's revenue is 516.137 billion yuan, ranking the top three; In terms of revenue growth, the revenue of the three companies increased year-on-year, with the largest increase in China's construction revenue, up 2.8% year-on-year.

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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.