Changes in Hong Kong stocks | Huaxin Construction (06655) rose more than 5% in early trading, overseas cement clinker sales surged nearly 60% year on year in the first half of the year

Zhitongcaijing · 2d ago

The Zhitong Finance App learned that Huaxin Construction (06655) rose more than 5% in early trading. As of press release, it rose 4.94% to HK$17.43, with a turnover of HK$409.459 million.

According to the news, Huaxin Construction's revenue for the first half of 2026 was 19.497 billion yuan, up 21.5% year on year; net profit to mother was 1,713 billion yuan, a sharp increase of 55.2%. Among them, overseas cement clinker sales reached 13.18 million tons, a year-on-year increase of 57.1%. Gross profit per ton was 241 yuan, an increase of 58 yuan, far exceeding domestic business performance. According to the announcement, overseas revenue of 9.01 billion yuan was achieved in the first half of the year, an increase of 103.6% over the previous year.

Huatai Securities released a research report saying that the net profit of Huaxin Construction Materials in the first half of the year was slightly higher than the median of the pre-increase announcement. The company continued to promote a global layout, and the scale of overseas production capacity continued to expand, forming a virtuous cycle of “low cost mergers and acquisitions - cost reduction and production increase - cash return”, which is expected to drive medium- to long-term profit growth and maintain “purchases.”