Tapai Group issued a performance forecast on January 23, predicting that the net profit attributable to shareholders of listed companies in 2023 will be 666 million yuan to 799 million yuan, an increase of 150% to 200% over the same period last year.
Regarding the reasons for the performance changes, Tapai Group said:
1. The profitability of the main cement industry has improved significantly year on year. Since 2023, the demand for cement has continued to decline, the competition has become increasingly fierce, the price of cement has been falling, and the efficiency of the industry has declined sharply. During the reporting period, the average sales cost of cement of the Company decreased by approximately 16% as compared with the same period of last year due to the impact of the decrease in coal price, as the Company took the initiative to adjust its business ideas in response to market changes, continued to promote various cost reduction and efficiency enhancement work internally, and continuously reduced product costs; During the reporting period, the average sales price of cement of the Company decreased by approximately 5% year-on-year, and the sales volume of cement decreased by approximately 3.5% year-on-year. Benefiting from the fact that the average sales cost of cement decreased more than the average sales price of cement during the reporting period, the comprehensive gross profit margin increased by about 9 percentage points year-on-year, and the profitability of the main cement industry improved significantly year-on-year.
2、 the impact of a sharp increase in non-recurring gains and losses over the same period. During the reporting period, the non-recurring profit and loss of the company is expected to be about 110 million yuan, while the non-recurring profit and loss in 2022 is-0.53 billion yuan, which is expected to increase by 163 million yuan compared with the same period last year.
