Huaxin Cement (HKG:6655, SHA:600801) expects an attributable profit of between 1.1 billion yuan and 1.13 billion yuan in the first half of 2025, up 50% to 55% from the prior-year figure of 730.6 million yuan, a Monday Hong Kong bourse filing said.
The cement firm attributed the anticipated higher profit mainly to a rise in the average price of cement products in the domestic market, growth in the overseas business, and a lower production cost, all resulting in a higher gross margin of major products.
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