Shangfeng Cement: Net Profit in the First Quarter of 2025 Increased by 447.61% over the Same Period Last Year

2025-04-25 10:14:17

The average selling price of the company's cement products was higher than that of the same period last year, and the total operating income increased year on year. At the same time, through the work of "increasing income, reducing cost, controlling cost and increasing efficiency", the cost of cement manufacturing decreased by 2.16% year on year, and the comprehensive gross profit rate increased.

On the evening of April 24

, Shangfeng Cement announced that in the first quarter of 2025, its operating income was 951 million yuan, an increase of 4.64% over the same period last year; the net profit attributable to shareholders of listed companies was 79.9343 million yuan, an increase of 447.61% over the same period last year. The average selling price of the company's

cement products was higher than that of the same period last year, and the total operating income increased year on year. At the same time, through the work of "increasing income, reducing cost, controlling cost and increasing efficiency", the cost of cement manufacturing decreased by 2.16% year on year, and the comprehensive gross profit rate increased. In addition, the total investment income and fair value change income of the company's investment sector increased over the same period last year.

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Correlation

The average selling price of the company's cement products was higher than that of the same period last year, and the total operating income increased year on year. At the same time, through the work of "increasing income, reducing cost, controlling cost and increasing efficiency", the cost of cement manufacturing decreased by 2.16% year on year, and the comprehensive gross profit rate increased.

2025-04-25 10:14:17

Heidelberg subsidiary CEMENCO plans to raise cement prices by 0.25% from July 7, 2025, according to leaked internal instructions. But a senior official, speaking on condition of anonymity, said the price hike had not been officially approved by the Liberian Ministry of Commerce and Industry. This shows that the company's price increase plan is facing legitimacy problems, and whether the subsequent price increase can be achieved depends on whether official permission can be obtained, which also reflects the interaction between enterprise pricing and official regulation.