西藏水泥:供需傍水生,盈利尚可期 | 国泰海通建材鲍雁辛团队

鲍大侠之建材
Jul 23

| 导读 |全国水泥需求下台阶背景下西藏水泥需求保持逆势增长,西藏供给集中度高且新增供给批复审核趋严,随着后续水利等重大基建项目逐步落地,区域内水泥产能利用率及盈利有望稳中提升。| 投资要点 |维持水泥行业“增持”评级。2023年以来全国水泥量价持续下台阶,而西藏水泥保持需求逆势增长,主要得于区域内重点工程项目驱动,以及前期区域供给问题的逐步解决消纳。后续伴随水利等重大基建项目持续推进,区域内水泥...

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