Concrete Video: Leading Concrete Enterprises Lost 225 Million yuan in the First Quarter

2026-04-22 14:55:28

On April 22, Western Construction released its first quarterly report for 2026. The Company achieved a total operating income of RMB3.18 billion, representing a year-on-year decrease of 14.92%, and a net profit loss attributable to the parent company of RMB225 million, compared with a loss of RMB254 million in the same period last year.

On April 22, Western Construction released its first quarterly report for 2026. The Company achieved a total operating income of RMB3.18 billion, representing a year-on-year decrease of 14.92%, and a net profit loss attributable to the parent company of RMB225 million, compared with a loss of RMB254 million in the same period last year. According to the data of previous years, the western construction was profitable in the first quarter of 2022, the loss increased year by year from 2023 to 2025, and the loss margin narrowed year by year in 2026, and the profit pressure eased slightly. 

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On April 22, Western Construction released its first quarterly report for 2026. The Company achieved a total operating income of RMB3.18 billion, representing a year-on-year decrease of 14.92%, and a net profit loss attributable to the parent company of RMB225 million, compared with a loss of RMB254 million in the same period last year.

2026-04-22 14:55:28

Zhang Wen pointed out that at present, the problem of overcapacity in the cement industry is prominent, the market is caught in vicious competition, the price war in Fujian region is frequent, the profit margin of the industry is greatly reduced, and many enterprises can only rely on cash flow to maintain their operation.