The net profit of Tianrui Cement increased by 4.5% to 752 million yuan in middle-2021

Byzengjiaming12

Updated Fri, 27 Aug 2021 15:59:57 GMT

    Tianrui Cement Group Co., Ltd. released its interim report of 2021. Its earnings achieved 5.733 billion yuan, increased by 9% year-on-year; the net profit attributable to the owners of the company was 752 million yuan, with a year-on-year growth of 4.5%.

    According to the announcement, the sales of cement products was 17.5 million tons in the first half of 2021, with an increase of about 1.7 million tons compared to the sales of about 15.8 million tons in the same period in 2020, increased by 10.6%. The average price was approximately 290.4 yuan per ton, with a decrease of 8.6 yuan per ton over the same period of last year, decreased by 2.9%.

    In the first half of 2021, the Group's limestone aggregate sales amounted to approximately 8.6 million tons, with an increase of about 1.2 million tons, increased by 15.9%. The average price was approximately 53.1 yuan per ton, with an increase of 6.8 yuan per ton over the same period of last year, increased by 14.8%.