29, Conch Cement released its first quarter results. During the reporting period, the company achieved an operating income of 17.066 billion yuan, down 10.45% year-on-year; the net profit attributable to shareholders of listed companies was 1.468 billion yuan, down 18.98% year-on-year. The change in
results was mainly due to the year-on-year decrease in operating income of the Group and the year-on-year decrease in cash received from sales of goods and rendering of services, resulting in a year-on-year decrease in cash flow from operating activities.

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