Cement output, sales revenue and profits also rose in September. Generally speaking, performed is better than August.
In September cement produced 96.891 million tons, up 5.13% in August over the same period last year, total output increased 15.57%,1~9 growth of 10.76% over the same period last year. Output of nine provinces has dropped and the rest have different levels of increase. September than in August sales income increased 12.84%, 7.71 percentage points higher than the increase in output. A total profit of 793 million yuan, compared with growth of 112.80% in August. Cumulative profit total 3.518 billion yuan.
14 provinces and cities nationwide have decreased the total profits in August, 10 provinces are on losses in September, from the total value of profits, and there are nine provinces in loss state. Loss enterprises accounted for 43.53% of the total enterprises, the growth of 38.39% over the same period last year. September total outstanding accounts receivable net of 32.248 billion yuan, 8.92% higher than the same period last year, a slight increase of 0.14 percentage points last month. Cement stocks total 145.56 million, 14.16% growth over the same period last year, a slight increase over the August decline.
In September the operational situation in the cement industry is relatively stable. Because coal, electricity prices is high, with cement intense competition, profit margins small enterprises, and cities are extremely close to the situation has the tendency, as of the end of September the total accumulated profits, including profit and loss is not more than 100 million yuan in 17 provinces and cities.
As in most parts of the construction season, a slight seasonal pick-up in cement prices. Coal price declined in some areas, operational situation of cement turn better slightly. But overall supply and demand situation and the trend of declining cement prices stable and did not change, the cement industry operations are still not optimistic.
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