Will the tower and brand groups with a net profit of 80 % in the first half of the year will lay off thousands of people?Response: not real

Zhongxin Jingwei, September 5th. On the 5th, some investors asked the Tower Group on the interactive platform, "It is rumored that the tower is about to lay off around a thousand people, which is true? It affects geometry?"

In response, Tower Group responded that the above situation was not true.

Picture source: Shenzhen Stock Exchange Interactive Easy

The Tower Group further pointed out that in response to the external environmental changes facing the current cement industry, the company actively adopted various measures to reduce costs and increase efficiency, including promoting institutions' salary standards Job competition and optimization adjustment, but there are no large number of layoffs.

It is understood that in the first half of 2022, the national cement market generally presented the operating characteristics of "demand contraction, inventory rise, price bottoming, high cost, and decline in benefits". In the first half of the year, the cumulative cement output of the country was 9.77 billion tons, a year -on -year decrease of 15%, and the output reached a new low in 11 years.

The Tower Group pointed out that in the first half of this year, the company realized cement output of 7.6735 million tons and sales of 7.288 million tons, a decrease of 26.46%and 27.80%from the same period last year. The net profit attributable to shareholders of listed companies was 175 million yuan, a significant decrease of 80.9%over the same period last year.

According to the official website information, Guangdong Taski Group Co., Ltd. is a group company with cement as its main business. It has built three major cement production bases in Meizhou and Huizhou in Guangdong. The existing cement production scale is 22 million tons. There are more than a dozen concrete enterprises holding and participating in the holding.

In terms of the secondary market, the stock price of Taski Group increased by 0.76%from the previous trading day to 7.96 yuan. Flush iFind data shows that its stock price has fallen over 20 % during the year. As of now, its total market value is 9.491 billion yuan. (Zhongxin Jingwei APP)

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