Western Cement: Profit attributable to shareholders in 2024 was RMB626 million, representing a year-on-year increase of 48.6%.

2025-03-25 10:19:35

During the year, the sales volume of cement decreased by 3.0% to approximately 19.2 million tonnes and the overall cement price decreased by 6.1% as compared to 2023, resulting in a decrease in revenue.

Western Cement (02233) announced its performance in 2024, with revenue of about 8.345 billion yuan, a decrease of 7.5% compared with the same period last year. Profit attributable to owners of the company was 626 million yuan, an increase of 48.6% over the same period last year. Basic earnings per share was 11.5 cents and a final dividend of 3.4 cents per share was proposed.

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Correlation

Western Cement: Profit attributable to shareholders in 2024 was RMB626 million, representing a year-on-year increase of 48.6%.

2025-03-25 10:19:35

CEMPI

111.27

0 0%

CONCPI

96.38

-0.83 -0.85%

CLKPI

108.50

0.00 0.00%

SPPI

45.15

-0.73 -1.59%

MORPI

77.20

-0.54 -0.69%

Cement Net Exclusive: Don't Just Stare at No Illegal Kiln Opening!

The Measures for the Implementation of Capacity Replacement in the Cement and Glass Industry (2024 edition) shall promote the unification of the registered capacity and the actual capacity. For the compliance production lines whose actual capacity is greater than registered capacity, it is proposed that the difference in capacity can be made up in accordance with these Measures and the relevant procedures such as filing, environmental assessment and energy assessment can be improved. But the reality is that the actual production of enterprises is still exceeding the record capacity.