Turn losses into profits! Net profit of CNBM in the first half of the year was 1.36 billion yuan.

On August 28, CNBM announced its interim results. In the first half of 2025, the audited revenue was about RMB 83.280 billion, down 0.2% from the same period in 2024. The unaudited profit attributable to equity holders of the Group was approximately RMB1,360 million, compared to a loss attributable to equity holders of the Group of approximately RMB2,018 million for the same period in 2024. In the first half of

2025, the national cement output was 815 million tons, the lowest level in the same period since 2010, down 4.3% year-on-year, and the decline narrowed by 5.7 percentage points compared with the same period in 2024. However, the industry actively promoted ecological construction, cement prices recovered growth, combined with the decline in coal costs, the industry continued to restore profits. In the first half of 2025, the total profit of the cement industry was 16.4 billion yuan, turning losses into profits compared with the same period in 2024.