China Resources Cement: Profit attributable to shareholders in the first half of the year was HK $621 million, down 65.6% from the same period last year.

18, China Resources Cement Holdings (01313) released its interim results for the six months ended June 30, 2023, with a turnover of HK $12.173 billion, a decrease of 24.5% compared with the same period last year; Profit attributable to owners of the Company amounted to HK $621 million (equivalent to approximately RMB578 million), representing a year-on-year decrease of 65.6%. Basic earnings per share amounted to HK $0.089 and interim dividend per share amounted to HK $0.041.

During the period, the Group's external sales of cement, clinker and concrete decreased by 2.1 million tons, 1 million tons and 1.6 million cubic meters respectively, representing a decrease of 7.0%, 49.9% and 29.5% respectively as compared with the same period last year; The average selling prices of cement, clinker and concrete were HK $357.1 per tonne, HK $304.3 per tonne and HK $440.5 per cubic metre respectively, representing a decrease of 12.1%, 21.3% and 17.2% respectively as compared to the same period last year.