West China Cement (02233) announces its annual performance. The net profit attributable to shareholders increased by 40.5% to 880 million yuan. The final dividend is 0.048 yuan.

WEST CHINA CEMENT (02233) announced its annual performance for 2025, with revenue of RMB 9.621 billion, an increase of 15.3% year-on-year; net profit attributable to shareholders was RMB 0.88 billion, an increase of 40.5% year-on-year; basic earnings per share were 16.1 cents; final dividend was RMB 0.048. During the reporting period, the sales volume of cement and clinker increased by 9.0% year-on-year to 21.8 million tons (2024: 20 million tons). Among them, the sales volume in the Chinese market decreased by 18.8% to 13 million tons (2024: 16 million tons), while the sales volume in the overseas market increased by 120% to 8.8 million tons (2024: 4 million tons). The average selling price of cement and clinker in China decreased by 6.3% to RMB 251 per ton (2024: RMB 268 per ton). However, due to the decrease in production costs, the Group's gross profit per ton was maintained at RMB 39 (2024: RMB 41) steady. The substantial growth in overseas sales volume helped maintain the average selling price at a more sustainable level, reaching RMB 470 per ton (2024: RMB 568 per ton), driving the average gross profit per ton to RMB 171 (2024: RMB 272).