Over the past six months, the overseas business of Huaxin Building Materials is moving from "layout" to "harvest", becoming the most eye-catching growth pole of the company's performance.
Multi-national projects have landed one after another. In the first half of the year, the Company's overseas key projects were intensively put into operation: the second phase of the 250,000-ton cement grinding station in Zimbabwe was completed and put into operation; the No.1 kiln of the Simuma plant in South Africa was upgraded from 1,500 tons/day to 2,300 tons/day cement clinker production line and successfully ignited. In Southeast Asia, the company completed the preliminary work of Philippine Holcim Philippines Inc. Equity acquisition, laying the foundation for subsequent integration. The African market is also speeding up-the 2,000 t/d production line in Matola, Mozambique has been restored and is expected to be put into operation by the end of August; the 3,000 t/d production line in Dondo has been accelerated and is expected to be put into operation in the third quarter. The construction of two 3 × 5,000 t/d cement clinker production lines in Sagamu and Ashaka in Nigeria is progressing as planned, and the two projects will be ready to enter the commissioning stage by the end of the year. The
data confirm the explosive power of overseas business. In the first half of the year, the Company achieved an operating income of RMB19.497 billion, representing a year-on-year increase of 21.5%, and a net profit attributable to parent company of RMB1.713 billion, representing a year-on-year increase of 55.22%. In particular, the sales volume of overseas cement and commercial clinker reached 13.1752 million tons, representing a year-on-year increase of 57.06%; the overseas operating revenue was RMB9.01 billion, representing a year-on-year increase of 103.6%; the overseas EBITDA reached RMB3.68 billion, representing a year-on-year increase of 160.7%, far exceeding the overall growth rate. What is
more noteworthy is the change of business structure. The proportion of overseas business income in the company's total revenue has risen from 13% in the first half of 2022 to 46% in the first half of 2026, and the proportion of overseas EBITDA has jumped from 17% to 66%. This means that overseas business has changed from "supplement" to "half of the company" and become the real core growth engine.
Figure: The overseas data
of Huaxin Building Materials in the first half of the year is from the interim report
of Huaxin Building Materials. Looking forward to the second half of the year, the company will continue to focus on the main line of "increasing quantity, increasing efficiency and reducing cost" overseas, optimize operation, release production capacity and further improve business performance; At the same time, we will continue to tap opportunities for high-quality projects, promote the landing of potential M & a projects, and build up strength for the sustained growth of overseas business.
From multi-point production to a jump in the proportion, Huaxin's overseas story is moving from "going out" to "getting stronger".
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