On January 25, China Shanshui Cement Group Co., Ltd. issued a profit warning.
On January 25, China Shanshui Cement Group Co., Ltd. issued a profit warning. According to the
announcement, the Group expects that the net loss attributable to the equity holders of the Company for the year ending 31 December 2023 will not be less than approximately RMB850 million, mainly due to the significant drop in the sales price of cement. For the year ended 31 December 2022, net profit attributable to equity holders of the Company amounted to approximately RMB748.7 million.
On January 25, China Shanshui Cement Group Co., Ltd. issued a profit warning.
2024-01-25 09:52:51
CEMPI
94.81
+0.36 +0.38%
CONCPI
86.60
0.00 0.00%
CLKPI
97.91
+0.29 +0.30%
SPPI
40.93
-0.14 -0.34%
MORPI
71.83
-0.02 -0.03%
Recently, China Chemical Engineering Donghua Company and Hubei Huiyang New Materials Co., Ltd. formally signed a design contract for 3 million tons/year phosphogypsum sulphuric acid co-production cement clinker project. The signing of the contract marks the further deepening of cooperation between the two sides in the field of phosphogypsum resource utilization, and injects new impetus into the green and low-carbon development of the phosphorus chemical industry. Meng Chenzhou, Deputy Secretary of the Party Committee and General Manager of Donghua Company, and Xu Jinchong, Chairman of Hubei Huiyang New Materials Co., Ltd., jointly attended the signing ceremony and signed the contract on behalf of the enterprise. The two sides had in-depth exchanges on project promotion, technology research and development, and follow-up deepening cooperation.
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