2024, affected by the continuous bottoming of real estate and the slowdown of infrastructure investment, the industry demand shrank sharply, the overcapacity became more serious, and the cement price was running at a low level.
Affected by this, the cement industry is expected to make a profit of about 3.5 billion yuan in the first half of the year (about 16.5 billion yuan last year), down about 76% from the same period last year.
However, from a loss of more than 5 billion yuan in the first quarter to a profit of 3.5 billion yuan in the first half of the year, the first half of the cement industry has been quite difficult.
