华润建材科技:4Q24价格快速回暖 看好25年涨价弹性

中金公司
16 Mar

2024 年业绩符合我们预期公司公布2024 年业绩:营收230 亿元,同比-10%;归母净利润2.11 亿元,同比-67%,业绩符合前期盈利预告与市场预期。1)全年销量同比下滑:2024 年公司水泥及熟料销量6171 万吨,同比-11%,全年销量降幅略高于行业平均水平,展现公司对价格、利润追求更甚;其中4Q24 销量同比-19%至1784 万吨。2)前三季度价格竞争激烈,4Q 环比大幅修复:24...

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