Xinjiang Tianye released its first half performance, turning from profit to loss of 588 million yuan!

2023-08-25 16:27:49

Xinjiang Tianye released its semi-annual report for 2023. During the reporting period, the company realized operating income of 5.922 billion yuan, down 25.78% from the same period last year. The net loss attributable to shareholders of listed companies was 588 million yuan.

Xinjiang Tianye released its semi-annual report for 2023. During the reporting period, the company realized operating income of 5.922 billion yuan, down 25.78% from the same period last year. The net loss attributable to shareholders of listed companies was 588 million yuan. The net loss attributable to shareholders of listed companies after deducting non-recurring gains and losses is 347 million yuan. Basic loss per share was 0.34 yuan. During the

reporting period, the company transferred 38.91% shares of Tianye Water Saving and withdrew from the agricultural water saving industry; Tianchen Chemical has become a wholly-owned subsidiary of the company, adding 450000 tons/year PVC resin, 320000 tons/year caustic soda, 790000 tons/year calcium carbide and 1.3 million tons/year cement production capacity. Increase the industrial chain scale of "self-provided power → calcium carbide → PVC resin and by-products → cement made from calcium carbide slag and other wastes" integrated industrial linkage green environmental protection circular economy, and become a PVC production enterprise with complete supporting facilities and complete product models for chlor-alkali chemical industrialization in China, which has certain scale advantages and industry competitiveness.

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Xinjiang Tianye released its semi-annual report for 2023. During the reporting period, the company realized operating income of 5.922 billion yuan, down 25.78% from the same period last year. The net loss attributable to shareholders of listed companies was 588 million yuan.

2023-08-25 16:27:49

On October 13, the Office of Industry and Information Technology of Jiangxi Province announced that due to the revision of the policy of capacity replacement in the cement and glass industry by the Ministry of Industry and Information Technology, the Office of Industry and Information Technology of Jiangxi Province decided to abolish the Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province (Gongxin Regulation No.2024) from the date of issuance of the notice, and to abolish the "Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province". The capacity replacement of cement and glass industry in the whole province will be handled in accordance with the relevant policies of the Ministry of Industry and Information Technology in the future.