(Hong Kong, 22 October 2021) – China Resources Cement Holdings Limited ("China Resources Cemen" or the "Company", SEHK stock code: 1313, and together with its subsidiaries, the "Group"), a large-scale and competitive cement, clinker and concrete producer in Southern China, announced its unaudited financial information for the nine months ended 30 September 2021 (the "Period").
During the Period, the Company's consolidated turnover amounted to approximately HK$30.8 billion, representing an increase of 13.3% as compared with the corresponding period last year, whereas profit attributable to owners of the Company was approximately HK$5.3 billion, representing a decrease of 28.1% from the corresponding period last year. Basic earnings per share was HK$0.761. As at 30 September 2021, the total assets of the Company amounted to HK$71.9 billion, gearing ratio was 14.1% and net assets per share was HK$7.36.
During the Period, the Company's total sales volume of cement and clinker increased by 5.9% to 65.9 million tons and the sales volume of concrete increased by 18.9% to 10.9 million m3. The turnover of cement, clinker and concrete accounted for 79.3%, 2.8% and 17.9% of the consolidated turnover of the Company respectively. The blended average selling price of cement and clinker increased by 5.2% over the corresponding period last year to HK$384 per ton, whereas the average selling price of concrete increased by 3.6% over the corresponding period last year to HK$505 per m3. The consolidated gross margin of the Group was 30.3%, and the net profit margin was 17.2%.
