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.
