Cement prices have fallen sharply! Shanshui Cement is expected to lose 850 million yuan in 2023

2024-01-25 09:52:51

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.

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Correlation

On January 25, China Shanshui Cement Group Co., Ltd. issued a profit warning.

2024-01-25 09:52:51

On October 23, Evergreen released a report for the third quarter of 2026. In the first three quarters, the company realized an operating income of 2.537 billion yuan, down 23.75% from the same period last year; the net loss attributable to shareholders of listed companies in the first three quarters was 128 million yuan, and the net profit attributable to parent company in the same period last year was 7.4855 million yuan, down 1812.17% from the same period last year.