Huaibei Green Gold Co., Ltd. (02450) announced results for the year ended December 31, 2023, and the group made profits...
According to Zhitong Finance App, Huaibei Green Gold Co., Ltd. (02450) announced the results for the year ended December 31, 2023. The group obtained revenue of RMB 291 million (same unit), a year-on-year decrease of 28.72%; profit attributable to the company's equity shareholders was RMB 37.49 million, a year-on-year decrease of 44.39%; profit per share was 0.14 yuan, and a final dividend of 0.028 yuan per share was proposed.
Affected by the economic downturn, the prices of aggregate products and concrete products have dropped drastically. Facing many difficulties and challenges, the group worked hard to continuously improve its ability to grasp risks and opportunities. By strengthening sales work, the group effectively solved risks and challenges, and on the basis of guaranteeing the original customers, the group signed a sales agreement with one of the customers in April 2023 to provide 1 million tons of aggregate products every year; in May 2023, the company expanded its aggregate product business to Bengbu City, Anhui Province, and successfully won a bid in August 2023 In 2024, a public tender for the procurement of stabilized cement gravel is estimated to be 2 million tons; in November 2023, contracts for the supply of ready-mixed concrete, asphalt and cement stabilized products were signed with the three customers, and the supply of ready-mixed concrete, cement stabilization and asphalt products is expected to increase by 150,000 tons in 2024.