Tangshan Jidong Cement narrows losses, boosts revenue in first half
For the first half of 2025, Tangshan Jidong Cement Co., Ltd. reported operating revenue of CNY 11.76 bn, a 4.82% increase year-over-year. The company's attributed net profit to shareholders saw an 80.94% reduction in losses, reaching a net loss of CNY -153.62m. Operating cash flow also surged by 54.59% to CNY 1.29 bn.
This improvement comes despite a continued decline in market demand and intensified competition, with national cement output falling by 4.3%. The company attributes its performance to refined management strategies, cost reduction measures, and strategic expansion, including the acquisition of cement and related businesses.
The company plans to continue its focus on market synergy, operational efficiency, and technological innovation in the latter half of 2025 to sustain growth and adapt to evolving industry dynamics.
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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