Jiangxi Wannianqing Cement: the net profit reached 827 million yuan in the first half of the year, i

Byzengjiaming12

Updated Fri, 27 Aug 2021 15:38:07 GMT

    Jiangxi Wannianqing Cement Co., Ltd. released its semi-annual report on August 24. The company realized 5.95 billion yuan of operating revenue in the first half of 2021, increased by 11.56% year-on-year; the net profit attributable to the parent company was 827 million yuan, increased by 21.81% year-on-year .

    It is understood that Jiangxi Province, where the company is located, is adjacent to the three economically developed regions of the Yangtze River Delta, the Pearl River Delta and the Southern Fujian Delta, which owns unique geographical advantage. As a leading cement company and a state-controlled listed company in Jiangxi Province, it seizes the opportunities of policies and development of cement industry.

    While promoting the steady development of the main cement business, it combines the extension of the industrial chain and the development of related diversified management to create a new growth pole. The company now has 6 clinker production bases including Wannian, Yushan, Ruijin, Yudu, Leping, De'an, and 7 grinding companies, with an annual clinker production capacity of 15 million tons and a cement production capacity of 26 million tons per year. It continuously optimize the commercial concrete market layout through new construction and mergers and acquisitions. There are nearly 30 commercial concrete enterprises in the province at present, with a commercial concrete production capacity of 17 million cubic meters. In the meanwhile, with the advantages of convenient road and railway transportation, the company's cement products sell well in most areas of southern, eastern and northern Jiangxi, as well as neighboring provinces such as Fujian, Zhejiang and Guangdong. The market share of cement and commercial concrete products rank forefront of Jiangxi.