Tapai Group (002233.SZ) announced first-half results, with net profit of 219 million yuan to mother, a year-on-year decrease of 49.60%

According to Zhitong Finance App, Tapai Group (002233.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 1,742 billion yuan, a year-on-year decrease of 15.30%. Achieved net profit attributable to shareholders of listed companies of 219 million yuan, a year-on-year decrease of 49.60%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 150 million yuan, a year-on-year decrease of 37.98%. Basic earnings per share were $0.19.

During the reporting period, the company achieved cement sales of 6.824,400 tons, a year-on-year decrease of 13.47%, achieved sales of “cement+clinker” of 7.146,500 tons, a year-on-year decrease of 11.84%, and a year-on-year decrease of 5.72% in cement sales prices. Faced with the severe business situation, the company continued to further reduce costs and increase efficiency and dig deeper into endogenous potential. The average sales cost of cement fell 4.92% year-on-year during the reporting period. However, since the cost reduction was lower than the price drop, the profit margin of the main cement business was squeezed, and the comprehensive gross margin fell to 23.41% from 24.26% in the same period last year, narrowing by 0.85 percentage points over the previous year. At the same time, the same period last year benefited from the recovery of capital markets and disposal proceeds from the shutdown of enterprises. The non-recurring profit and loss base was high. The non-recurring profit and loss decreased by 124.965 million yuan year-on-year during the reporting period. In summary, net profit attributable to shareholders of listed companies fell sharply year-on-year during the reporting period.

During the reporting period, the company strengthened the operation and management of cement kiln collaborative solid waste disposal projects, increased market development, achieved environmentally friendly disposal volume of 221,600 tons, a sharp increase of 51.03% over the previous year, and achieved environmental disposal revenue of 76.7652 million yuan, an increase of 42.79% over the previous year.

During the reporting period, the company's wholly-owned and controlled mixing plants achieved concrete sales volume of 138,300 square meters, down 5.32% from the same period last year; achieved operating revenue of 41 million yuan, down 12.29% from the same period last year, mainly due to continued deep adjustments in the real estate industry.

During the reporting period, the photovoltaic power generation of the company and its subsidiaries achieved a power supply of 23.7624 million kWh and achieved net revenue of 1,6042 million yuan from surplus electricity, a year-on-year decrease of 24.00%. By the end of the reporting period, the company had an installed capacity of 62.36 MW of photovoltaic power generation and an installed capacity of 40 MW/80 MWh of energy storage. The company continues to consolidate the lean management of photovoltaic and energy storage projects already in operation, steadily raise revenue levels, accelerate the approval and construction of new projects, make every effort to ensure that photovoltaic projects at key bases are put into operation on schedule, continuously increase the proportion of clean energy used, and continuously reduce the electricity costs of enterprises.