Asia Cement: Turned Losses into Profits in the First Half of the Year, Reaching 1.14 Billion Yuan.
Asia Cement announced its mid-year performance, with revenue of 2.496 billion yuan for the six months ending on June 30, 2025, a decrease of 7.18% compared to the previous year. The company's net profit attributable to shareholders for the period was 114 million yuan, compared to a loss of 405 million yuan in the same period last year. Basic earnings per share were 0.073 yuan. The announcement stated that the decrease in revenue was mainly due to a decrease in product sales volume within the group. In terms of revenue contribution for the six months ending on June 30, 2025, cement and related product sales accounted for 98%, and the increase in profit compared to the same period last year was mainly due to an increase in product selling price and a decrease in coal costs.
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