Shangfeng Cement: net profit of 31.9063 million yuan in the first quarter, down 60.08% year-on-year!

2026-04-29 09:43:47

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.

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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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.

2026-04-29 09:43:47

The significant increase in the net profit attributable to the shareholders of the listed company in the first half of 2025 was mainly due to the fact that Tasly Bio-Pharmaceutical Industry Group Co., Ltd. (Hereinafter referred to as "Tasly Group"), a joint venture of the Company accounted for by the equity method, sold its equity assets and obtained a large amount of non-recurring gains during the reporting period.

2025-07-14 17:04:12

As at the end of the reporting period, the total annual production capacity of cement clinker of the Company was approximately 18 million tons, the total annual production capacity of cement was approximately 20 million tons, the annual waste heat power generation capacity was approximately 86 MW, the total annual production capacity of commercial concrete was approximately 600,000 cubic meters, and the total annual production capacity of aggregate was approximately 18 million tons.

2025-04-25 10:04:31

On June 15, the launching ceremony of 2026 Hubei Energy Conservation Publicity Week was held in Han. Deng Xikun, Director of Cement Business of Huaxin Building Materials and Secretary-General of Provincial Cement Association, read out the Proposal for Energy Conservation and Carbon Reduction on behalf of Huaxin. As a benchmark enterprise of green low-carbon development in building materials industry, Huaxin will further cultivate carbon reduction technology, iterate green products, export industry standards, and promote the green transformation of the whole chain of building materials.