Huaxin Cement reports strong half-year profit surge, driven by price hikes

Huaxin Cement Co., Ltd. reported a net profit attributable to shareholders of 1.1 bn yuan for the first six months of 2025, marking a substantial 51.05% increase compared to the same period last year. Total operating revenue for the half-year stood at 16.05 bn yuan. The company's basic earnings per share also saw a significant rise of 52.03% to 0.53 yuan. This positive performance was primarily influenced by an increase in the average selling price of cement products and steady growth in overseas operations, alongside enhanced cost control.

During the reporting period, Huaxin Cement's cement business revenue reached 9.15 bn yuan, an increase of 5.60% year-on-year. Overseas cement and clinker sales volumes grew by 10.41% to 8.39m tonnes. The company's total assets increased by 1.96% to 70.87 bn yuan, while net assets attributable to shareholders rose by 0.65% to 30.49 bn yuan. The company did not distribute profits or convert capital reserves into share capital for the period.

The company is actively pursuing its "overseas multi-business development" strategy, expanding its production bases across 12 countries in Africa and Asia. Notably, the company completed the acquisition of 100% equity in ITATUBA PARTICIPAÇÕES LTDA in Brazil during the period.