DONGWU CEMENT (00695) issued a profit warning, expecting a mid-term loss of approximately HKD 15.978 million, an increase of about 23.2% year-on-year.

18:09 10/08/2026

Eastern Wu Cement (00695) announced that the Group expects its revenue for the six months ending June 30, 2026 (the Period) to decrease to approximately HKD 52.965 million (for the six months ending June 30, 2025: revenue of approximately HKD 119 million), representing a decrease of about 55.4%; meanwhile, the loss for the Period is expected to increase to approximately HKD 15.978 million (for the six months ending June 30, 2025: loss of approximately HKD 12.966 million), which is an increase of about 23.2%. The decrease in revenue and increase in loss are mainly attributed to the further aggravation of the imbalance between supply and demand in the domestic cement industry in the first half of the year, along with the continued weak demand in the downstream market, the traditional peak season not meeting expectations, as well as industry overcapacity, intensified market competition, and a low-price competitive environment.

DONGWU CEMENT (00695) announced that the group expects its revenue for the six months ending June 30, 2026 (the period) to decrease to approximately HKD 52.965 million (for the six months ending June 30, 2025: revenue approximately HKD 119 million), representing a decrease of about 55.4%. Meanwhile, losses for the period are expected to increase to approximately HKD 15.978 million (for the six months ending June 30, 2025: losses approximately HKD 12.966 million), an increase of about 23.2%. The decline in revenue and increase in losses are mainly due to a further exacerbation of the supply-demand imbalance in the domestic cement industry in the first half of the year, along with sustained weak downstream market demand, an underperformance of the traditional peak season, industry overcapacity, intensified market competition, and a low-price competitive environment.

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