According to Zhitong Finance App, Tapai Group (002233.SZ) released its report for the third quarter of 2026. The company achieved operating income of 2,611 billion yuan in the first three quarters, a year-on-year decrease of 10.46%; realized net profit attributable to shareholders of listed companies of 260 million yuan, a year-on-year decrease of 55.8%; realized net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 191 million yuan, a year-on-year decrease of 38.39%; basic earnings per share were 0.22 yuan.
From January to September 2026, due to the overall decline in the industry, demand in the cement market continued to be sluggish, regional cement supply and demand conflicts intensified, and market competition was intense. The company's cement sales volume fell 8.77% from the same period last year, “cement+clinker” sales fell 7.09% from the same period last year, cement sales prices fell 4.77% compared to the same period of the previous year, cement sales costs fell 1.93% year on year. The cost reduction was lower than the price drop, so the comprehensive gross margin fell 2.42 percentage points year on year, and the profit space of the main cement industry was squeezed. At the same time, the same period last year benefited from capital market recovery and corporate disposal proceeds. The non-recurring profit and loss base was high, and non-recurring profit and loss decreased by 209 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.