On April 27, Shangfeng Cement announced that its operating income in the first quarter of 2026 was 721 million yuan, down 24.17% from the same period last year. Net profit was 31.9063 million yuan, down 60.08% year on year.
In the first quarter, the cement market demand in the region where the company is located continued to bear pressure. Compared with the same period of last year, the sales volume and price were under double pressure from January to February, and the market demand rebounded in March, but the price rose slowly. Meanwhile, the northwest region, one of the main regions affecting the performance of the company's cement building materials business, was in the winter break in the first quarter.

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