Recently, a number of listed concrete companies and concrete products companies have issued performance forecasts for 2023. Many enterprises said that they will make profits in 2023, such as Western Construction, Sifang New Material, Longquan Pipe Industry and Qinglong Pipe Industry; and many enterprises said that they will make losses in 2023, such as Hainan Ruize, Shentiandi, Hanjian Heshan and Guotong Pipeline.
Details are as follows:
On January 31, CSCEC West Construction Co., Ltd. issued a performance forecast for 2023. The
announcement shows that the net profit attributable to shareholders of listed companies in Western Construction is expected to be 560 million yuan to 670 million yuan in 2023, an increase of 1.07% to 20.63% over the same period last year;
It is estimated that the net profit after deducting recurring gains and losses will be 480 million yuan to 593 million yuan, an increase of 0 to 22.44% over the same period last year.
On January 30, Hainan Ruize New Building Materials Co., Ltd. issued a performance forecast for 2023.
The announcement shows that Hainan Ruize is expected to lose 350 million to 500 million yuan in net profit attributable to shareholders of listed companies, and
347 million to 497 million yuan in net profit after deducting non-recurring gains and losses.
On January 31, Shenzhen Tiandi (Group) Co., Ltd. issued a performance forecast for 2023. The
announcement shows that Shenzhen Tiandi expects a net profit loss of 150 million yuan to 190 million yuan attributable to shareholders of listed companies, 29.82% to 44.59% less than the previous year; The net profit after
deducting non-recurring gains and losses is expected to lose 160 million to 200 million yuan, 16.95% to 33.56% less than the previous year.
On January 31, Chongqing Sifang New Material Co., Ltd. issued a performance forecast for 2023. The
announcement shows that Chongqing Sifang New Material expects to achieve a net profit of 10.1124 million yuan to 15.1686 million yuan attributable to shareholders of listed companies in 2023, which will turn losses into profits.
It is estimated that in 2023, the net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses will be RMB 8,700,200 to RMB 13,756,400, and the operating income will be approximately RMB 0.28 million 198219, with a year-on-year change of 19.88%. Listed company of
concrete products:
On January 31, Beijing Hanjian Heshan Pipe Industry Co., Ltd. issued an announcement on the annual performance loss in 2023. The
announcement shows that the net profit attributable to the owner of the parent company is expected to be-380 million yuan to-280 million yuan in 2023, and the operating performance will show a loss in 2023;
It is estimated that the net profit attributable to the owner of the parent company after deducting non-recurring gains and losses will be-390 million yuan to-290 million yuan in 2023.
On January 31, Shandong Longquan Pipe Industry Co., Ltd. issued a performance forecast for 2023. The
announcement shows that the net profit of Longquan Pipe Industry attributable to shareholders of listed companies is expected to be 20 million to 29 million, an increase of 103.12% to 104.53% over the same period last year; Net profit after
deducting non-recurring gains and losses is expected to be 8 million to 17 million, up 101.82% to 103.87% year-on-year.
On January 31, Ningxia Qinglong Pipe Industry Group Co., Ltd. released its annual performance report for 2023. According to the
announcement, Qinglong Pipe Industry expects that the net profit attributable to shareholders of listed companies in 2023 will be 17 million to 25.5 million, down 84.84% to 89.89% from the same period last year. Net profit after
deducting recurring gains and losses is expected to be 4 million to 4.5 million, down 96.92% to 102.74% year on year.
On January 31, Xinjiang Guotong Pipeline Co., Ltd. issued a performance forecast for 2023. According to the
announcement, Guotong Pipeline expects a net profit loss of 270 million to 200 million yuan attributable to shareholders of listed companies in 2023, down 163.14% to 94.92% from the same period last year; Net profit after
deducting recurring gains and losses is expected to be 240 million to 170 million yuan, down 68.96% to 19.68% year on year.
In 2023, the domestic economic recovery did not meet expectations, the real estate market was weak, the contradiction of excess capacity soared, and the market situation of the concrete industry remained grim. Affected by the real estate policy
, Shentiandi concrete business shut down four concrete stations in 2022, and concrete production and sales have not yet resumed, resulting in a year-on-year decline in the company's sales revenue and a continuous cost inversion.
However, there are also concrete enterprises making profits-the western construction continues to expand the market share of new regions, the sales of major products increased year on year, while the company strengthens internal management, through the transformation of scientific and technological achievements, centralized procurement of materials, fine management and other measures to reduce costs and increase efficiency. Some concrete enterprises
even turned losses into profits, and Sifang New Material expanded its production and operation scale through mergers and acquisitions. In 2023, the output of commercial concrete increased by 31.04% year-on-year, and the operating income increased by 19.88% year-on-year, maintaining a steady growth. By expanding the industrial chain, we continued to promote cost reduction and efficiency enhancement, and achieved initial results in cost control, turning losses into profits in 2023.
