On April 21, Fujian Cement released its annual report for 2024. In 2024, the Company realized an operating income of RMB1.735 billion, representing a year-on-year decrease of 15.38%; the net loss attributable to shareholders of the listed company was RMB167 million, compared with a loss of RMB323 million in the same period last year.
During the reporting period, the company is mainly engaged in the production and sales of cement and clinker . As at the end of the reporting period, the Company had 7 new dry-process clinker cement production lines, with a designed clinker production capacity of 9.545 million tons and a supporting cement production capacity of 12.4 million tons. The company's production bases are located in Yongan City, Nanping City, Quanzhou City, Fuzhou City, Ningde City and other areas in Fujian Province, and its products mainly include two brands of Portland cement of various grades, namely "Jianfu" and "Stone Refining", as well as two special cements, namely, Portland cement for nuclear power engineering and Portland cement for marine engineering.
During the reporting period, the Company produced 5.8258 million tons of clinker and 7.6381 million tons of cement, representing a decrease of 10.61% and 8.30% respectively as compared with the same period of last year; and sold 7.9364 million tons of cement (including commercial clinker), representing a decrease of 7.17% as compared with the same period of last year.
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