Asia Cement (HKG:0743) said profit attributable to equity holders is expected to reach about 85.6 million yuan in 2025, compared with a loss of about 263.7 million yuan a year earlier, according to a Jan. 23 Hong Kong bourse filing.

Shares of the cement manufacturer were down nearly 1% in Monday morning trade.

The company said the turnaround was mainly driven by lower costs of sales for its cement products during the year.