West China Cement Ltd. Anticipates Strong Profit Growth in First Half of 2025 Driven by Increased Sales and Revenue

Reuters
23 Jul
<a href="https://laohu8.com/S/WCHNF">West China Cement Ltd.</a> Anticipates Strong Profit Growth in First Half of 2025 Driven by Increased Sales and Revenue

West China Cement Limited has announced a positive profit alert, indicating a significant increase in profitability for the first half of 2025. Based on a preliminary review of the unaudited consolidated management accounts, the Group expects to report a profit increase attributable to the owners of the Company ranging from approximately RMB696.4 million to RMB773.8 million. This represents an 80% to 100% rise compared to the RMB386.9 million recorded during the same period in 2024. The increase in profit is attributed to a rise in the average selling price of cement and a decrease in the cost of sales, resulting in a 48% increase in gross profit from cement sales in the PRC. Additionally, the Group recorded a profit from property sales amounting to approximately RMB97.7 million for the period. West China Cement emphasized that these interim results are still being finalized and advised shareholders and potential investors to exercise caution when dealing in the company's shares.

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