Western Cement: It is expected that the net profit attributable to the parent company in 2025 will be 833 million yuan to 895 million yuan, with a year-on-year increase of 33% to 43%.

2026-03-05 09:39:07

In the opinion of the Board, The above expected increase in profit for the year attributable to owners of the Company for the year ending 31 December 2025 as compared to 2024 is mainly due to the increase in sales volume of overseas cement for the year ending 31 December 2025. The decrease in cost of sales of the Group's cement products in the People's Republic of China and the negative goodwill arising from the acquisition of equity interests in Cimenteriede Lukala SA.

Western Cement announced on the evening of March 4 that the Group expects to record a profit attributable to owners of the company of about RMB 833 million to RMB 895 million for the year ending December 31, 2025. This represents an increase of approximately 33% to 43% from the profit for the year attributable to owners of the Company of approximately RMB626 million recorded for the year ended 31 December 2024 (the corresponding period in 2024). In the opinion of the Board

, The above expected increase in profit for the year attributable to owners of the Company for the year ending 31 December 2025 as compared to 2024 is mainly due to the increase in sales volume of overseas cement for the year ending 31 December 2025. The decrease in cost of sales of the Group's cement products in the People's Republic of China and the negative goodwill arising from the acquisition of equity interests in Cimenteriede Lukala SA.

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Correlation

In the opinion of the Board, The above expected increase in profit for the year attributable to owners of the Company for the year ending 31 December 2025 as compared to 2024 is mainly due to the increase in sales volume of overseas cement for the year ending 31 December 2025. The decrease in cost of sales of the Group's cement products in the People's Republic of China and the negative goodwill arising from the acquisition of equity interests in Cimenteriede Lukala SA.

2026-03-05 09:39:07