Tangshan Jidong Cement Co posted a revenue of CNY25.287bn (US$3486.4m) in 2024, down 10.4 per cent from CNY28.235bn in 2023. Total operating costs declined by 13.7 per cent to CNY26.181bn in 2024 from CNY20.329bn in the previous year as sales, and finance costs came down. Administrative, research and development costs increased.
The company narrowed its operating loss by 60.4 per cent to CNY-765.827bn from CNY-1.932bn while net loss came down 34 per cent to CNY-1.136bn from CNY-1.722bn.
Basic earnings per share reached CNY-0.373 in 2024 from CNY-0.554 in 2023 while diluted earnings per share came in at CNY-0.335 from CNY-0.508 over the same period.
