---
title: "NXBM released its 2024 annual performance, with a net profit attributable to the parent company of 241 million yuan, a year-on-year decrease of 18.82%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233264030.md"
description: "NXBM released its 2024 annual report, with operating revenue of 8.653 billion yuan, a year-on-year decrease of 16.87%; net profit attributable to the parent company was 241 million yuan, a year-on-year decrease of 18.82%. The net profit excluding non-recurring gains and losses was 173 million yuan, a year-on-year decrease of 31.28%. The basic earnings per share were 0.5 yuan, and it is proposed to distribute a cash dividend of 2.10 yuan for every 10 shares. Cement sales were 9.675 million tons, a year-on-year decrease of 20.29%. Affected by weak market demand and intense competition, profit margins have been significantly compressed"
datetime: "2025-03-26T10:12:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233264030.md)
  - [en](https://longbridge.com/en/news/233264030.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233264030.md)
---

# NXBM released its 2024 annual performance, with a net profit attributable to the parent company of 241 million yuan, a year-on-year decrease of 18.82%

According to the Zhitong Finance APP, Ningxia Building Materials (600449.SH) released its annual report for 2024. During the reporting period, the company achieved operating revenue of 8.653 billion yuan, a year-on-year decrease of 16.87%. The net profit attributable to shareholders of the listed company was 241 million yuan, a year-on-year decrease of 18.82%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 173 million yuan, a year-on-year decrease of 31.28%. The basic earnings per share were 0.5 yuan. It is proposed to distribute a cash dividend of 2.10 yuan (including tax) for every 10 shares to all shareholders.

In 2024, the company sold 9.675 million tons of cement, a year-on-year decrease of 20.29%, sold 865,400 tons of clinker, a year-on-year decrease of 9.88%, and the production and sales volume of ready-mixed concrete was 1.3098 million cubic meters, a year-on-year increase of 12.27%. The sales of aggregates were 4.6115 million tons, a year-on-year decrease of 7.45%; clinker production was 6.966 million tons, a year-on-year decrease of 18.09%; cement production was 9.7856 million tons, a year-on-year decrease of 19.84%; and aggregate production was 5.2274 million tons, a year-on-year decrease of 1.96%.

During the reporting period, affected by the overall weak market demand in the cement industry in the region and intense market competition, the sales volume and price of the company's main product, cement, decreased year-on-year, significantly compressing the profit margin and leading to a decline in the company's profit indicators

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