Yatai Group: Expected loss of 2.8 billion to 3.2 billion yuan in 2024

2025-01-20 13:23:51

During the reporting period, the demand for cement decreased, the prices of cement and clinker first declined and then rose, and the prices increased year-on-year during the year. The company's building materials industry achieved a year-on-year reduction in losses, but due to weak market demand, intensified competition and other factors, the company's building materials industry is still in a loss state.

On the evening of January

17, Yatai Group (600881. SH) issued its annual performance pre-loss announcement for 2024, predicting that the company's annual operating performance in 2024 will show a loss, with a net loss of 2.8 billion yuan to 3.2 billion yuan attributable to the owner of the parent company. During the

reporting period, the demand for cement decreased, the prices of cement and clinker first declined and then rose, and the prices increased year-on-year during the year. The company's building materials industry achieved a year-on-year reduction in losses, but due to weak market demand, intensified competition and other factors, the company's building materials industry is still in a loss state.

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Correlation

Yatai Group: Expected loss of 2.8 billion to 3.2 billion yuan in 2024

2025-01-20 13:23:51

CEMPI

102.19

-0.24 -0.23%

CONCPI

92.33

-0.57 -0.61%

CLKPI

103.97

-0.24 -0.23%

SPPI

44.88

0.00 0.00%

MORPI

75.16

-0.30 -0.40%

The 4500t/d new line of Fujian Cement will not be built! The original two transferred production capacity is used to supplement the indicators of three clinker lines.

On January 15, 2021, Fujian Provincial Department of Industry and Information Technology announced the capacity replacement plan of Fujian Cement Co., Ltd. for the construction project of cement clinker production line with a daily output of 4500 tons, which was not organized and implemented for some reasons. Now the enterprise applies for the change of the announcement.