Shares of CR BLDG MAT TEC (01313) climbed more than 4% after the company issued a positive profit alert. At the time of writing, the stock was up 4.47%, trading at HK$1.87, with a turnover of HK$47.2125 million.
On February 4, CR BLDG MAT TEC released an announcement stating that the profit attributable to the company's owners for the year ending December 31, 2025, is expected to increase by approximately 115% to 135% compared to the RMB 211 million recorded for the year ended December 31, 2024. This is primarily attributed to reduced costs and lower impairment losses for the group during 2025.
CICC previously noted that cement prices have shown relative resilience. According to Digital Cement Network, the national average cement price including tax in December was RMB 354 per ton, up RMB 5 month-on-month. Simultaneously, benefiting from declining coal prices, industry profitability has seen some recovery. Calculations estimate that the profit per ton for cement enterprises in December was RMB 63, an increase of RMB 11 from the previous month. The ongoing work to replenish production capacity in the industry is set to continue into 2026, and subsequent capacity replacement policies are expected to drive a continued rationalization of supply.
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