WESTCHINACEMENT Warns of Up to 50% Drop in Net Profit for First Half

Stock News08-07

WESTCHINACEMENT (02233) has issued a profit warning, projecting a significant decline in its net profit attributable to shareholders for the six months ended June 30, 2026.

The company expects a decrease of approximately 45% to 50% in profit attributable to owners, with the reduction ranging from about RMB 374.2 million to RMB 411.6 million. This compares to a profit attributable to owners of approximately RMB 748.3 million for the same period in 2025.

The board attributes the anticipated decline primarily to the net impact of two key factors during the first half of 2026: (i) a decrease in profitability in China due to lower average selling prices and sales volumes of cement products in the domestic market; and (ii) an increase in overseas profitability driven by higher cement sales volumes and revenue abroad.

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