BBMG Jidong: Loss of 1.456 billion yuan in the first three quarters, down 4271.33% year-on-year

2026-10-29 09:33:27

The significant year-on-year decrease in net profit was mainly due to the year-on-year decrease in profits of joint ventures and associates invested in the current period and the higher base of non-operating income as a result of the compensation for demolition and relocation obtained in the same period last year.

On October 28, Jinyu Jidong released its third quarterly report for 2026. The report shows that the company's operating income in the first three quarters was 18.422 billion yuan, down 11.52% year-on-year; the net profit loss of the parent company was 1.456 billion yuan, and the adjusted profit in the same period last year was 34.9026 million yuan, down 4271.33% year-on-year; The net profit loss after deduction was 1.584 billion yuan, compared with a loss of 100 million yuan in the same period last year, down 1478.04% from the same period last year. The significant year-on-year decrease in

net profit was mainly due to the year-on-year decrease in profits of joint ventures and associates invested in the current period and the higher base of non-operating income as a result of the compensation for demolition and relocation obtained in the same period last year.

All can be viewed after purchase
Correlation

The significant year-on-year decrease in net profit was mainly due to the year-on-year decrease in profits of joint ventures and associates invested in the current period and the higher base of non-operating income as a result of the compensation for demolition and relocation obtained in the same period last year.

2026-10-29 09:33:27

Jinyu Jidong semi-annual report shows that in the second half of the year, cement demand is expected to continue downward trend. Faced with the dual pressures of shrinking demand and intensified competition, the company will focus on market cultivation, cost reduction of the whole chain, strategic implementation, green innovation and other key points to promote the system, make every effort to fight for efficiency, and further explore a new path of transformation and upgrading in line with the company's actual situation.

2026-08-31 10:35:17

The announcement disclosed that TC Cement is the main body of a cement production project in Morogoro District, and the buyer will hold 100% of its equity after the completion of the transaction.