WESTCHINACEMENT (02233) issued a profit warning, expecting that the profit attributable to shareholders in the first half of the year will decrease by approximately 45% to 50% year-on-year.

WESTCHINACEMENT (02233) announced that the group expects that for the six months ending June 30, 2026, the profit attributable to owners of the company will decrease, with a reduction ranging from approximately RMB 374.2 million to RMB 411.6 million, representing a decline of about 45% to 50% compared to the profit attributable to owners of the company of approximately RMB 748.3 million for the six months ended June 30, 2025. The Board of Directors believes that the expected reduction in profit attributable to owners of the company for the six months ending June 30, 2026, compared to the same period in 2025, is mainly due to the net impact of the following factors during the six months ending June 30, 2026: (i) a decline in the average selling price and sales volume of the group's cement products in China, leading to a decrease in profitability in China; (ii) an increase in cement sales and revenue overseas, resulting in increased profitability overseas.