Ningxia Building Materials: Net profit in the first three quarters was 171 million yuan, down 41.41% from the same period last year.

2024-10-25 10:58:33

The reason for the change in performance was that the sales volume and price of cement, the main product, declined year-on-year, and the decline in unit cost failed to compensate for the adverse impact of the price decline, resulting in a year-on-year decline in profit indicators.

On the evening of October

23, Ningxia Building Materials released a report for the first three quarters. During the reporting period, the company realized operating income of 6.773 billion yuan, a decrease of 9.55% over the same period last year. The net profit attributable to shareholders of listed companies was 171 million yuan, a decrease of 41.41% over the same period last year; Net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 140 million yuan, a decrease of 46.93% over the same period last year. The reason for the change in

performance was that the sales volume and price of cement, the main product, declined year-on-year, and the decline in unit cost failed to compensate for the adverse impact of the price decline, resulting in a year-on-year decline in profit indicators.

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Correlation

In the first half of 2025, the company continued to promote the ecological construction of the industry, actively responded to market changes, deepened fine management, strengthened cost control, and focused on improving the quality of operation. By the end of June 2025, the company had total assets of 10.424 billion yuan, net assets of 7.649 billion yuan and asset-liability ratio of 26.62%. In the first half of the year, the company realized operating income of 2.555 billion yuan, total profit of 136 million yuan and net profit of 106 million yuan, an increase of 101.24% over the previous year, with a weighted average return on equity of 1.45%. Basic earnings per share was RMB0.22, representing a year-on-year increase of 0.71 percentage point.

2025-09-05 15:52:09

The reason for the change in performance was that the sales volume and price of cement, the main product, declined year-on-year, and the decline in unit cost failed to compensate for the adverse impact of the price decline, resulting in a year-on-year decline in profit indicators.

2024-10-25 10:58:33

On March 30, Ningxia Building Materials held the 2022 Annual Performance Presentation of Ningxia Building Materials through the Shanghai Road Show Center by combining video and online text interaction.

2023-04-04 16:39:55

Especially those independent grinding stations lacking the background of large enterprise groups are at an obvious disadvantage in the competition for market share, and are vulnerable to the constraints of large enterprises, and may even fall into the predicament of stopping production at any time.