West China Cement (02233) announces profit growth, expecting a 33% to 43% year-on-year increase in shareholders' profit for the year 2025.
Western Cement (02233) announced that the group expects to achieve a net profit attributable to company owners of approximately RMB 832 million to 895.5 million for the year ending December 31, 2025, an increase of approximately 33% to 43% compared to the net profit attributable to company owners of approximately RMB 626.2 million for the year ending December 31, 2024.
West China Cement (02233) announced that the group is expecting the company's attributable net profit for the year ending December 31, 2025 to be between approximately RMB 833 million and RMB 895.5 million, representing an increase of around 33% to 43% compared to the year ending December 31, 2024.
The Board of Directors believes that the expected increase in the company's attributable net profit for the year ending December 31, 2025 compared to 2024 is mainly due to the increase in overseas cement sales volume, the decrease in cement product sales cost in China, and the negative goodwill arising from the acquisition of Cimenterie de Lukala SA.
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