Changes in Hong Kong stocks | Western Cement (02233) rose more than 10% in the intraday period and is expected to see net profit of up to 412 million yuan in the first half of the year, and overseas profits bucked the trend

The Zhitong Finance App learned that Western Cement (02233) rose more than 10% in the intraday period. As of press release, it had risen 7.29% to HK$1.84, with a turnover of HK$859.14 million.

According to the news, Western Cement announced that it is expected to obtain a profit of about 374 million to 412 million yuan during the six months ending June 30, 2026, which is about 374 million to 412 million yuan in profit for the six months ending June 30, 2026, a decrease of 45% to 50% compared to 748 million yuan in the same period in 2025. It is worth noting that based on profit of 880 million yuan for the full year of 2025, profit for the second half of 2025 was about 131 million yuan, and the current period increased by about 185% to 213% over the second half of 2025.

According to the announcement, the year-on-year decline in profit was mainly due to the decline in profit due to the decline in the average sales price and sales volume of the Group's cement products in China; the increase in overseas cement sales and revenue led to an increase in overseas profits. According to the 2025 report, the overall sales volume of overseas cement was 8.8 million tons, up 120% year on year. The sharp increase in overseas sales allowed the average sales price to be maintained at a more sustainable level, reaching RMB 470 per ton, thus driving an average gross profit of RMB 171 per ton.