China Tianrui Cement profits soar 161% in first half of 2025
China Tianrui Group Cement Company Limited reported a robust financial performance for the six months ended June 30, 2025, with profit attributable to owners of the company increasing by 161.2% to RMB73.9 million, up from RMB28.3 million in the same period of 2024. This notable growth was underpinned by a 14.7% rise in revenue, reaching RMB2,962.7 million compared to RMB2,583.8 million in the prior year.
The increase in revenue was primarily driven by cement sales, which grew by 19.5% to RMB2,235.6 million. Gross profit also saw a 10.4% increase, amounting to RMB679.1 million. The company's basic earnings per share increased from RMB0.01 to RMB0.03, reflecting the improved profitability.
Despite the challenging market environment characterized by a downward trend in cement demand, the group's operational adjustments, including a decrease in selling and distribution expenses by 49.5% and administrative expenses by 4.7%, contributed to the enhanced performance. Finance costs also decreased by 1.7% to RMB377.8 million. The company aims to continue improving efficiency and optimizing costs to strengthen market competitiveness.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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