Huaxin Cement expects a net profit of 1.096-1.132 billion yuan in the first half of 2025, an increase of 50% -55% over the same period last year.

On July 14, Huaxin Cement issued a performance forecast, predicting that the net profit attributable to the owner of the parent company in the first half of 2025 will be about 1.096 billion yuan to about 1.132 billion yuan , compared with the same period last year. It will increase by about 365 million yuan to about 402 million yuan, an increase of 50% to 55% over the same period last year. The main reason for the expected increase in

performance is that during the reporting period, the domestic market responded positively to the initiative of "anti-involution" and "steady growth", and the company practiced the concept of "profit is the goal, price (income) is the foundation". The average selling price of cement products increased year on year, and the overseas business continued to grow steadily. At the same time, the company reduced production costs by strengthening internal cost control and improving operational efficiency, and the gross profit margin of sales of leading products such as cement, aggregate and concrete increased year on year.