Concrete Video: Sifang New Material: Expected loss of about 300 million yuan in 2025

2026-01-28 17:18:13

On January 26, Sifang New Material announced that it expected a net profit loss of about 300 million yuan and a revenue of about 1 billion yuan in 2025, with a year-on-year increase in losses.

On January 26, Sifang New Material announced that it expected a net profit loss of about 300 million yuan and a revenue of about 1 billion yuan in 2025, with a year-on-year increase in losses. As the new construction area of real estate in Chongqing dropped by 29.4%, the company's commercial mixed demand dropped sharply, sales fell short of expectations, while the cost of raw materials fell lower than price, resulting in a decline in gross profit margin, affecting the company's profitability. 

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On January 26, Sifang New Material announced that it expected a net profit loss of about 300 million yuan and a revenue of about 1 billion yuan in 2025, with a year-on-year increase in losses.

2026-01-28 17:18:13

On April 1, Huaxin Building Materials Group successfully held its 2025 annual performance conference in Hong Kong. Li Yeqing, President of Huaxin Building Materials, Chen Qian, Vice President and Chief Financial Officer, Ye Jiaxing, Vice President and Secretary of the Board of Directors, attended the event as exchange guests.