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

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.