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.

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.

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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.

2025-03-25 10:19:35

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.