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Tangshan Jidong Cement: 2024 Interim Performance Forecast
Tangshan Jidong Cement (000401.SZ): Sales are expected to decrease this year compared to last year.
On July 5th, Gelun Hui reported that Jidong Cement (stock code: 000401.SZ) accepted a specific research on July 3, 2024. When asked “the company achieved a 7% growth in sales last year, will it still be guided by sales growth this year?”, the company responded that due to weak recovery of effective demand, late start of the overall market, and other factors, it is expected that this year's sales will decrease compared to last year's sales. The company will not only focus on sales growth, but will seek a balance between dynamic sales and price, based on lean operation principles to maximize company profits.
Tangshan Jidong Cement (000401.SZ): In 2023, the carbon dioxide emissions will be 57.616 million tons of CO2e, a 4.2% decrease compared to last year.
Jidong Cement (000401.SZ) stated on the investor platform that the company's CO2 emissions in 2023 were 57.616 million tons of CO2e, a decrease of 4.2% year-on-year. Some of the company's subsidiaries participated in carbon market pilots in Peking, Tianjin, and Chongqing, with a completion rate of 100% and a solid foundation for carbon emission data. Jidong Cement has established a dedicated department and equipped it with specialized personnel to continuously promote energy saving, consumption reduction, replacement of raw materials, low-carbon products, carbon capture and other technologies, with carbon emission intensity at an advanced level in the industry, accumulated rich low-carbon development experience.
Jidong Cement Completes Acquisition of China-Africa Jidong Building Materials Investment
Cement manufacturer Jidong Cement (SHE:000401) completed the full acquisition of China-Africa Jidong Building Materials Investment. The deal included the acquisition of stakes of 60% held by Jidong De
Tangshan Jidong CementLtd (SZSE:000401 Investor Five-year Losses Grow to 64% as the Stock Sheds CN¥789m This Past Week
Statistically speaking, long term investing is a profitable endeavour. But unfortunately, some companies simply don't succeed. For example the Tangshan Jidong Cement Co.,Ltd. (SZSE:000401) share pri
Is Tangshan Jidong CementLtd (SZSE:000401) Weighed On By Its Debt Load?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' It's only n
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