Conch Cement Holds Semi-annual Performance Presentation in 2025

On September 12, Conch Cement held a semi-annual performance presentation in 2025. Yu Shui, executive director, general manager and secretary of the board of directors

of Conch Cement, said that in the first half of the year, Conch Cement showed the following highlights in terms of business development:

First, the company's overseas operations continued to improve, and the company's overseas cement clinker sales increased by 20.4% year on year. The export sales volume of cement clinker increased by 116% as compared with the same period of last year, and the Conch Conch of Phnom Penh in Cambodia reached full production immediately after it was put into production.

Secondly, the cost indicators were continuously optimized, and the comprehensive cost of cement clinker decreased by 13.39 yuan/ton as compared with the same period of last year, benefiting from the decrease in the cost of coal and electricity and the increase in the utilization rate of alternative fuels;

Third, the investment development is precise and effective, completing the acquisition and consolidation of Conch West in Indonesia, the completion and commissioning of Conch Phnom Penh in Cambodia, and the signing of Yaobai project in Xinjiang.

Conch Cement believes that the cement market demand is expected to continue to decline in the second half of the year, but under the influence of policies such as "anti-involution" and inefficient capacity clearance, the market supply-demand relationship is expected to improve. With the continuous promotion of relevant policies, it is conducive to regulating the competition order in the industry, governing disorderly competition and promoting capacity governance. Meanwhile, with the continuous tightening of relevant policies such as carbon emissions and environmental protection, it is expected that the production capacity with high cost and low efficiency in the later period will gradually withdraw from the market. "In the second half of the year, the company will take the annual target as the guidance and do a good job in coordinating production and operation." Yu Shui said.