BBMG Jidong: Estimated Loss of 900 Million to 980 Million in the First Half of 2026

2026-07-15 09:32:48

During the reporting period, the overall demand of the industry continued to decline, the company's cement and clinker prices decreased year-on-year, and the sales volume decreased year-on-year.

On the evening of July

14, A-share listed company Jinyu Jidong issued a semi-annual performance forecast, the company expects to increase losses in January-June 2026, the net profit attributable to shareholders of listed companies is-980 million to-900 million, the net profit fell 537.94% to 485.86% The basic earnings per share is estimated to be -0.3687 to -0.3386 yuan.

The Company made the above forecast based on the following reasons: during the reporting period, the overall demand of the industry continued to decline, the selling price of cement and clinker of the Company decreased as compared with the same period last year, and the sales volume decreased as compared with the same period last year; the Company continued to promote the work of tapping potential, reducing costs and improving operation efficiency, and the costs and expenses during the period decreased as compared with the same period last year; However, the decrease in costs and expenses was difficult to cover the impact of the decrease in selling prices, resulting in an increase in operating losses during the reporting period as compared with the same period.

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Correlation

During the reporting period, the overall demand of the industry continued to decline, the company's cement and clinker prices decreased year-on-year, and the sales volume decreased year-on-year.

2026-07-15 09:32:48

Recently, Liu Yu, Party Secretary and Chairman of BBMG Jidong Cement Group Co., Ltd., and his delegation visited China Cement Network and were warmly received by Shao Jun, Chairman of China Cement Network. The two sides had in-depth exchanges on current hot issues in the cement industry.