Western construction: loss of 65 million yuan to 130 million yuan in the first half of the year

Recently, Western Construction announced its semi-annual performance forecast for 2025. From January to June, the company realized a net profit loss of 65 million yuan to 130 million yuan attributable to shareholders of listed companies, and a profit of 5.6288 million yuan in the same period last year; Net profit loss after deduction of non-recurring profit and loss was RMB155 million to RMB220 million, compared with a loss of RMB28.8265 million for the same period last year; basic earnings per share loss was RMB0.0632 per share to RMB0.1147 per share. During the

reporting period, the market competition of commercial concrete intensified, and the market price of commercial concrete in the areas covered by the company showed a downward trend. At the same time, the decline in the cost of major raw materials is lower than decline in the sales price, resulting in a narrowing of the gross profit margin of commercial concrete sales, and the overall profitability is expected to decline year-on-year.