DONGWU CEMENT (00695) surged over 5%, reaching a high of HKD 6.38, marking its highest level since September 2021. As of press time, the stock was up 7.01%, trading at HKD 6.11 with a turnover of HKD 15.8141 million.
On the news front, DONGWU CEMENT released its 2025 interim report on September 4. During the reporting period, the group's revenue was approximately HKD 126 million, with the cement segment recording revenue of about HKD 119 million, representing a 28.0% year-over-year increase.
The growth was primarily attributed to the following factors: The cement industry actively promoted staggered production, which helped ease supply-demand contradictions. Although market demand remained relatively weak and traditional peak season demand failed to meet expectations, the decline in market demand narrowed compared to the same period last year, driving the company's revenue recovery.
The company stated that given the narrowing trend of demand decline in the cement industry and policy guidance against internal competition, it will continue to closely monitor developments in the cement sector and explore related business opportunities.
Industry analysis indicates that once the cement industry enters a profit recovery cycle, the elasticity of profit release becomes quite evident. Going forward, under the anti-internal competition approach, restricting overproduction remains the industry's primary focus for improving supply-demand dynamics.