HK Stock Market Move | Huaxin Building Materials Group (06655) rose over 6%, with a 55.22% year-on-year increase in net profit attributable to the parent company during the interim period. Overseas business continues to grow steadily.
Huaxin Building Materials (06655) rose over 6%. As of the time of writing, it has increased by 5.19%, trading at HKD 15.42 with a transaction volume of HKD 29.3386 million.
Huaxin Building Materials Group (06655) rose over 6%, and as of the time of writing, it is up 5.19%, priced at HKD 15.42, with a trading volume of HKD 29.3386 million.
In terms of news, recently, Huaxin Building Materials Group released its mid-term results for 2026, reporting an operating revenue of CNY 19.497 billion, a year-on-year increase of 21.5%; and a net profit attributable to shareholders of the parent company of CNY 1.713 billion, a year-on-year increase of 55.22%. Basic earnings per share stood at CNY 0.83. The growth in performance is mainly attributed to the continuous and stable growth of overseas business, an increase in the average selling price of cement products year-on-year, and reinforced cost control.
During the reporting period, the company achieved cement and commodity clinker sales of 34.787 million tons, a year-on-year increase of 25.42%. Among these, overseas sales of cement and commodity clinker reached 13.1752 million tons, up 57.06% year-on-year; aggregate sales were 86.33 million tons, an increase of 13.51%; and concrete sales were 12.17 million cubic meters. The cement business recorded operating revenue of CNY 12.981 billion, an increase of 41.85% year-on-year, of which domestic cement business contributed operating revenue of CNY 4.44 billion, while overseas cement business generated CNY 8.542 billion. The aggregate business achieved operating revenue of CNY 2.812 billion, a year-on-year increase of 1.78%; the concrete business generated operating revenue of CNY 2.970 billion.
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