On July 23, Western Cement announced that its net profit in the first half of the year was expected to be about 696 million yuan to 774 million yuan, compared with 387 million yuan in the same period last year, an increase of about 80% to 100%.
The company's overseas cement sales were about 1.16 million tons in the first half of last year and 3.8 million tons in the first half of this year, an increase of about 230% over the same period last year. In the first half of the year, the company made a profit of about 97.7 million yuan from property sales.