Gelonghui, January 30, 丨 Jidong Cement (000401.SZ) announced its 2023 annual results forecast. Net profit loss attributable to shareholders of listed companies during the reporting period was 140,000 yuan to 150,000 yuan, profit of 1357.69 million yuan for the same period last year; net profit loss after deducting non-recurring profit and loss of 160,000 yuan to 170,000 yuan, profit of 1,119.85 million yuan for the same period last year; basic earnings loss per share 0.527 yuan/share — 0.564 yuan/share.
During the reporting period, the company continued to push forward efforts to reduce costs and increase efficiency. Prices of major fuel materials such as coal fell year on year, costs of cement and clinker fell year on year, and expenses decreased year on year during the period; however, product prices fell sharply, making it difficult to make up for the impact of the price drop, which led to a loss in operating performance during the reporting period.