Western Cement: Profit attributable to shareholders in the first half of the year is expected to decrease by about 45% to 50% compared with the same period last year

West Cement (HK2233) (02233) announced that the group expects to record a decrease in profit attributable to owners of the company for the six months ended 30 June 2026, ranging from approximately RMB336.7 million to RMB374.2 million. This represents a decrease of approximately 45% to 50% from the profit for the period attributable to owners of the Company of approximately RMB748.3 million for the six months ended 30 June 2025. In the opinion of the Board

, The above expected decrease in the profit for the period attributable to owners of the Company for the six months ended 30 June 2026 as compared to the corresponding period in 2025 is primarily attributable to the net effect of the following factors for the six months ended 30 June 2026: (I) a decrease in profit in China as a result of a decrease in the average selling price and sales volume of the Group's cement (884060) products in China; (II) Increase in profit from overseas due to increase in sales volume and revenue of cement (884060) from overseas.