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Western Cement (02233) Fa Ying Guang expects profit attributable to shareholders to decrease by about 45% to 50% year-on-year in the first half of the year
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According to the Zhitong Finance App, Western Cement (02233) announced that the Group expects to obtain a decrease in the period profit attributable to company owners in the six months ending June 30, 2026, from about RMB 374.2 million to RMB 411.6 million, a decrease of about 45% to 50% compared with the period profit attributable to company owners of RMB 748.3 million achieved in the six months ending June 30, 2025.

The board of directors believes that the expected decline in profit due to company owners for the six months ended June 30, 2026 compared to the same period in 2025 is mainly due to the net impact of the following factors for the six-month period ending June 30, 2026: (i) the decline in China's profit due to the decline in the average sales price and sales volume of the Group's cement products in China; (ii) the increase in overseas profits due to the increase in overseas cement sales and revenue.

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