Fujian Cement lost 168 million yuan in the first three quarters.

2024-10-24 09:03:20

On the evening of October 23, Fujian Cement disclosed the third quarter report of 2024. During the reporting period, the company achieved a revenue of 1.117 billion yuan, down 25.26% year-on-year; the net profit loss of the parent company was 168 million yuan, down 26.33% year-on-year.

On the evening of October

23, Fujian Cement disclosed the third quarter report of 2024. During the reporting period, the company achieved a revenue of 1.117 billion yuan, down 25.26% year-on-year; the net profit loss of the parent company was 168 million yuan, down 26.33% year-on-year.

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Correlation

During the reporting period, the cement market demand in Fujian Province continued to decline, the market competition became more intense, the cement price fluctuated lower, the company's cement sales volume and price fell, coupled with higher coal prices, the company suffered a loss year on year.

2026-08-24 10:01:09

In 2025, Fujian Cement achieved a revenue of RMB1.528 billion, representing a year-on-year decrease of 11.96%, and realized a net loss attributable to parent company of RMB127 million, with a year-on-year decrease of RMB40 million and a decrease of 24.11%.

2026-04-23 11:22:53

During the reporting period, the cement market demand was seriously insufficient, the market competition became more intense, and the company's cement sales volume and price fell, resulting in continued losses throughout the year.

2025-01-16 10:21:03

On the evening of October 23, Fujian Cement disclosed its third quarter report for 2024.

2024-10-25 11:01:01

On the evening of October 23, Fujian Cement disclosed the third quarter report of 2024. During the reporting period, the company achieved a revenue of 1.117 billion yuan, down 25.26% year-on-year; the net profit loss of the parent company was 168 million yuan, down 26.33% year-on-year.

2024-10-24 09:03:20

Affected by the decline in market demand, the company's cement sales in 2023 decreased by 5.66% compared with the same period last year, and the average price of cement decreased by 15.87%. As the decrease in the selling price of cement was greater than the decrease in the cost, the gross profit margin of cement sales decreased year on year, resulting in a large loss in the main business during the period.

2024-01-31 10:01:07

On August 21, Fujian Cement released its semi-annual report for 2023.

2023-08-21 17:42:16

A picture shows how a piece of limestone turns into cement!