Conch Cement: The net profit attributable to the parent company in 2024 was RMB7.696 billion, representing a year-on-year decrease of 26.19%.

2025-03-24 21:08:35

As at the end of the reporting period, the Group had 274 million tons of clinker production capacity, 403 million tons of cement production capacity, 163 million tons of aggregate production capacity, 51.9 million cubic meters of commercial concrete production capacity in operation and 645 MW of photovoltaic power generation capacity in operation.

On the evening of March

24, Conch Cement (600585. SH) announced that its business income in 2024 was 91.03 billion yuan, down 35.51% from the same period last year; Net profit attributable to shareholders of listed companies was 7.696 billion yuan, down 26.19% year on year. The company intends to distribute a cash dividend of 0.71 yuan per share (including tax), and will not implement the transfer of reserve fund to share capital. During the

reporting period, the Group increased its clinker production capacity by 2.3 million tonnes (overseas), increased its cement production capacity by 8 million tonnes through relocation and other means, increased its aggregate production capacity by 14.5 million tonnes, increased its commercial concrete production capacity by 12.1 million cubic meters, and increased its photovoltaic power generation capacity by 103MW. As at the end of the reporting period, the Group had 274 million tons of clinker production capacity, 403 million tons of cement production capacity, 163 million tons of aggregate production capacity, 51.9 million cubic meters of commercial concrete production capacity in operation and 645 MW of photovoltaic power generation capacity in operation.

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Correlation

As at the end of the reporting period, the Group had 274 million tons of clinker production capacity, 403 million tons of cement production capacity, 163 million tons of aggregate production capacity, 51.9 million cubic meters of commercial concrete production capacity in operation and 645 MW of photovoltaic power generation capacity in operation.

2025-03-24 21:08:35

In accordance with the relevant provisions of the Detailed Rules for the Implementation of the Pre-reorganisation of the Intermediate People's Court of Changchun City, Jilin Province (for Trial Implementation), during the period of pre-reorganisation, the Company and some of its subsidiaries subject to pre-reorganisation shall not pay off their debts except for the necessary expenses for the continued operation of the enterprise and the maintenance of its operating value. As at the date of this announcement, the principal and interest of overdue debts of the Company and its subsidiaries amounted to RMB6.959 billion, representing 1,124.30% of the latest audited net assets attributable to the parent company of the Company.