HK Stock Market Move | WESTCHINACEMENT (02233) rose more than 3% after performance announcement. Annual net profit attributable to shareholders increased by 40.5% year-on-year. Cement sales in overseas markets saw a significant increase.

WESTCHINACEMENT (02233) rose more than 3% after the performance, and as of press time, it increased by 2.4% to HK$2.13, with a turnover of HK$53.7842 million. On the news front, on March 24, WESTCHINACEMENT released its 2025 annual results, with revenue of RMB96.21 billion, a year-on-year increase of 15.3%; net profit attributable to shareholders was RMB8.8 billion, a year-on-year increase of 40.5%; basic earnings per share were 16.1 cents; and the final dividend was RMB0.048. During the reporting period, sales volume of cement and clinker increased by 9.0% year-on-year to 21.8 million tons (2024: 20 million tons). Among them, sales volume in the Chinese market decreased by 18.8% to 13 million tons (2024: 16 million tons), while 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 RMB251 per ton (2024: RMB268 per ton). However, benefiting from the decrease in production costs, the Group's gross profit per ton remained stable at RMB39 (2024: RMB41). The significant increase in overseas sales volume allowed the average selling price to be maintained at a more sustainable level, reaching RMB470 per ton (2024: RMB568 per ton), thus driving the average gross profit per ton to RMB171 (2024: RMB272).