Huaxin Cement: The net profit in 2022 is expected to decrease by 47% -53% year-on-year

2023-01-31 09:13:44

Huaxin Cement announced on January 30 that it expected a net profit of 2.521 billion yuan to 2.843 billion yuan in 2022, a decrease of 47% to 53% compared with the same period last year.

The above expected decrease was mainly due to the year-on-year decrease in the sales volume of cement and clinker , the leading products of the Company, as a result of the repeated COVID-19 epidemics, the downturn of the real estate industry and other factors. Meanwhile, the year-on-year increase in the cost of cement and clinker was due to the increase in energy prices.

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Correlation

Huaxin Cement: The net profit in 2022 is expected to decrease by 47% -53% year-on-year

Huaxin Cement announced on January 30 that it expected a net profit of 2.521 billion yuan to 2.843 billion yuan in 2022, a decrease of 47% to 53% compared with the same period last year.

2023-01-31 09:13:44

CEMPI

102.19

-0.24 -0.23%

CONCPI

92.33

-0.57 -0.61%

CLKPI

103.97

-0.24 -0.23%

SPPI

44.88

0.00 0.00%

MORPI

75.16

-0.30 -0.40%

The 4500t/d new line of Fujian Cement will not be built! The original two transferred production capacity is used to supplement the indicators of three clinker lines.

On January 15, 2021, Fujian Provincial Department of Industry and Information Technology announced the capacity replacement plan of Fujian Cement Co., Ltd. for the construction project of cement clinker production line with a daily output of 4500 tons, which was not organized and implemented for some reasons. Now the enterprise applies for the change of the announcement.