GHPC (01847) announced that the group's net... as of June 30, 2024.
According to the announcement issued by Yunnan Investment Concrete (01847), the expected net loss of the group for the six months ending June 30, 2024 is approximately RMB 27.95 million, compared with the net loss of approximately RMB 10.63 million for the six months ending June 30, 2023 (restated).
The announcement stated that the main reason for the expected loss is that in the first half of 2024, due to market conditions and other factors, the sales volume of the group's main product - commodity concrete decreased by about 54% compared to the same period in 2023, and its average selling price also slightly decreased.