DONGWU CEMENT (00695) Issues Profit Warning, Expects H1 Losses to Decrease by Approximately 67.6% YoY to Around HK$12.966 Million

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Aug 15

DONGWU CEMENT (00695) announced that the group expects its losses for the first half of 2025 to decrease to approximately HK$12.966 million, representing a year-on-year reduction of about 67.6%. The reduction in losses is primarily attributed to (i) the domestic cement industry's "anti-involution" policies driving a moderate recovery in performance, along with a slowdown in the decline of overall market demand in China; and (ii) gains from the disposal of cement clinker capacity indicators (these capacity indicators will continue to be replaced by externally sourced clinker supply).

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