Jidong Cement: It is estimated that the net profit loss in the first half of the year will be 300 million to 400 million yuan

2023-07-15 09:39:16

During the reporting period, affected by the weak market demand, the cement price in the core regional market of the company continued to decline, resulting in a loss in the current operating results.

Jidong Cement (000401) announced in the evening of July 14 that it expected a net profit loss of 300 million to 400 million yuan in the first half of the year and a profit of 1.141 billion yuan in the same period last year. During the

reporting period, affected by the weak market demand, the cement price in the core regional market of the company continued to decline, resulting in a loss in the current operating results.

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Correlation

During the reporting period, affected by the weak market demand, the cement price in the core regional market of the company continued to decline, resulting in a loss in the current operating results.

2023-07-15 09:39:16

Since October 27, the price of cement in the main urban area has been raised again, with a range of 60 yuan/ton. Whether this push can be effectively implemented remains to be further verified by the market.