On February 26, the "2025 China Large-scale Ready-mixed Concrete Enterprise Leaders Meeting (C10 + Summit)" was held in Changsha, Hunan Province. Gao Zhi, Secretary-General of China Concrete and Cement Products Association, made a report on the meeting.
Gao Zhi pointed out that the sales profit margin of concrete and cement products industry in 2024 was 2.59%, down 0.82 percentage points from the same period last year. Statistics from
the National Bureau of Statistics show that the profit margin of industrial enterprises was 5.39% in 2024, down 0.30 percentage points from the same period last year, and 5.76% in 2023. The sales profit margin of
concrete and cement products industry is not only declining year by year, but also reaching the largest decline in 2024, which is less than half of the average level of the whole industrial enterprises.