On November 29, Glonghui reported that china tianrui (01252.HK) announced that in the first half of 2024, the group recorded revenue of 2.58 billion yuan, a decrease of 35.4% compared to the same period in 2023. The profit attributable to the owners of the company was approximately 28.3 million yuan, a decrease of about 81.2% compared to the same period in 2023. The basic earnings per share were 0.01 yuan.

As of June 30, 2024, the group has a clinker capacity of 28.4 million tons, a cement capacity of 56.4 million tons, and a limestone aggregate capacity of 30.2 million tons. In the first half of 2024, the group sold 8.2 million tons of cement products, a reduction of about 3.8 million tons compared to approximately 12 million tons in the same period of 2023, representing a decrease of about 31.4%. The average price was about 227.0 yuan per ton, a decrease of 29.1 yuan per ton compared to the same period last year, or a decrease of 11.4%.