Turn losses into profits! Asia Cement expects a profit attributable to shareholders of about 3.08 million yuan in the first quarter.

On April 15, Asia Cement (China) issued a positive profit forecast showing that the Group's unaudited profit attributable to equity holders for the three months ending March 31, 2025 is expected to be approximately RMB3.08 million, compared with a loss attributable to equity holders of approximately RMB129.7 million for the same period in 2024.

The Board considers that the above expected increase in profit is mainly due to the increase in the selling price of the Group's cement products and the decrease in the cost of sales during this period as compared to the corresponding period in 2024.