CNBM (03323) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of RMB 83.28 billion, down 0.2% year-on-year. Shareholders' attributable profit reached RMB 1.36 billion, representing a turnaround from loss to profit compared to the same period last year. Earnings per share stood at RMB 0.172.

In the first half of 2025, national cement production totaled 815 million tons, marking the lowest level for the same period since 2010, with a year-on-year decline of 4.3%. However, this decline narrowed by 5.7 percentage points compared to the same period in 2024. The industry actively promoted ecological development initiatives, leading to a recovery in cement prices. Combined with declining coal costs, industry profitability continued to improve. The cement industry's total profit for the first half of 2025 reached RMB 16.4 billion, achieving a turnaround from loss to profit compared to the same period in 2024.