WESTCHINACEMENT (02233) climbed over 4% again, rising 5.41% to HK$2.73 as of press time, with turnover reaching HK$97.76 million.
On August 25, WESTCHINACEMENT released its interim results showing revenue of RMB5.418 billion for the first half, representing a 46.4% year-on-year increase. Profit attributable to owners reached RMB748 million, surging 93.4% compared to the same period last year.
During the reporting period, cement and clinker sales volume increased 23.6% year-on-year to 10.82 million tons. Sales in the China market declined 8.3% to 6.65 million tons, while overseas market sales surged 178% to 4.17 million tons.
Notably, WESTCHINACEMENT expects to complete the acquisition of the Cimenterie de Lukala (CILU) plant located in Kinshasa, the capital of Congo, in the second half of 2025. This move will extend the group's market presence to western Congo.
Additionally, the group plans to complete the construction of its cement and grinding capacity in Uganda in the first half of 2026. This market represents a natural geographical extension into the Great Lakes region and will help strengthen the group's position as a leading cement producer in eastern sub-Saharan Africa.
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