Guangdong Tapai Group (002233.SZ): The company's cement sales cost did not decrease quarter-on-quarter in the second quarter compared to the first quarter.

Gelonghui Finance · Aug 7 03:29

Gelonghui, August 7 | Tapai Group (002233.SZ) said at an investor relations event that in recent years, the company has continued to promote cost reduction and efficiency and achieved the expected results. In the first half of this year, the company's average cement sales cost fell 14.67% year on year. Among them, the decline in coal purchase prices contributed most of the cost reduction. The company's cement sales cost did not decrease in the second quarter compared to the first quarter. It was mainly affected by prolonged periods of continuous rainfall in the second quarter. The company's cement sales volume and inventory increased, and the company had to shut down the cement production line, causing a corresponding decline in cement production. The fixed cost of sharing tons of cement increased accordingly, offsetting the contribution of falling coal prices to the cost reduction, thus masking the fact that costs did not drop in the second quarter.

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Guangdong Tapai Group (002233.SZ): The company's cement sales cost did not decrease quarter-on-quarter in the second quarter compared to the first quarter.

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