22, Tapai Group disclosed the first quarter report of 2026. From January to March 2026, the company achieved a sales volume of "cement + clinker " of 3.23 million tons, an operating income of 830 million yuan, and a net profit of 147 million yuan attributable to shareholders of listed companies. During the

reporting period, due to the deep adjustment of the real estate industry, insufficient infrastructure and other factors, the cement market demand continued to be depressed, the company's "cement + clinker" sales declined year-on-year, the cement sales price was basically flat year-on-year, while thanks to the decline in the price of coal and other raw materials, the company's average cost of cement sales decreased by 8.4% year-on-year. As a result, the comprehensive gross profit rate increased by 5.76 percentage points year-on-year, and the profitability of the main cement business improved year-on-year. However, due to the impact of the year-on-year decline in investment income (including floating profit), the non-recurring profit and loss decreased year-on-year, resulting in a 10.91% year-on-year decrease in the net profit attributable to the shareholders of the listed company.
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