Ningxia building materials are expected to be happy! Net profit in the first half of the year increased by 84.77% to 138.11% year-on-year.

On July 11, Ningxia Building Materials announced that the net profit attributable to shareholders of listed companies in the first half of 2025 is expected to be 97 million yuan to 125 million yuan, an increase of 84.77% to 138.11% over the same period last year.

This was mainly due to the fact that the Company continued to strengthen the ecological construction of the industry, insisted on off-peak production, maintained relatively stable sales volume and prices of main products, strictly controlled costs and expenses, and achieved a year-on-year decrease in raw coal procurement costs and expenses during the period. At the same time, the Company strengthened the reduction of accounts receivable, and the collection effect of long-aged accounts receivable was obvious.