Revenue Performance - Revenue for the three months ended March 31, 2022, was HKD 6,976.7 million, a decrease of 18.0% compared to HKD 8,511.2 million in the same period of 2021[2] - The consolidated revenue for the period reached HKD 6,976,700,000, a decrease of 18.0% compared to HKD 8,511,200,000 in the same period last year[12] Profitability - Profit attributable to the company's owners for the same period was HKD 729.5 million, down 43.4% from HKD 1,289.8 million year-on-year[2] - The profit attributable to the company's owners was HKD 729,500,000, a decrease of 43.4% from HKD 1,289,800,000 in the previous year[17] - Basic earnings per share decreased to HKD 0.104 from HKD 0.185 in the previous year[4] - The consolidated gross profit was HKD 1,657,900,000, down 31.4% from HKD 2,415,500,000 year-on-year, with a gross profit margin of 23.8%, a decline of 4.6 percentage points[15] Asset Management - Total assets increased by 2.5% to HKD 81,118.1 million from HKD 79,149.2 million[2] - The company's equity attributable to owners rose to HKD 56,116.5 million, with a debt ratio of 23.2%, compared to HKD 54,856.0 million and 19.0% in the previous year[2] - The company reported a net cash and bank balance of HKD 6,962.5 million, slightly down from HKD 7,067.4 million[5] - Inventory levels rose to HKD 3,722.0 million from HKD 2,941.2 million, suggesting potential challenges in inventory management[6] Other Income - Other income increased to HKD 394.7 million from HKD 182.2 million, indicating a positive trend in non-operating revenue[4] - Other income for the period was HKD 394,700,000, an increase of 116.6% compared to HKD 182,200,000 in the same period last year, mainly due to gains from the disposal of subsidiaries[16] Sales Performance - Cement sales volume was 12,193 thousand tons with an average selling price of HKD 436.4 per ton, generating revenue of HKD 5,320,604,000[13] - The average selling price of clinker was HKD 414.8 per ton, with a sales volume of 976 thousand tons, contributing HKD 404,600,000 to revenue[13] - The average selling price of concrete was HKD 564.3 per cubic meter, with a sales volume of 2,218 thousand cubic meters, generating HKD 1,251,498,000 in revenue[13] - The sales volume of cement in Guangdong was 4,845 thousand tons, with revenue of HKD 2,354,817,000[14] Dividend Policy - The company did not recommend the payment of any interim dividend for the period[11] Margin Analysis - The company experienced a depreciation of the gross profit margins for cement, clinker, and concrete, which were 23.4%, 29.6%, and 23.3% respectively, compared to the previous year's margins of 29.8%, 26.7%, and 21.9%[15] Compliance and Review - The financial data for the period has been reviewed by the company's audit committee, ensuring compliance with accounting standards[10]
华润水泥控股(01313) - 2022 Q1 - 季度财报