SHANSHUI CEMENT released its interim results, with a loss attributable to shareholders of 250 million yuan, a year-on-year narrowing of 52.8%
SHANSHUI CEMENT released its interim results for the period ending June 30, 2025, with operating revenue of 5.554 billion yuan, a year-on-year decrease of 15.4%; the loss attributable to shareholders was 250 million yuan, a year-on-year narrowing of 52.8%; basic loss per share was 0.06 yuan. The decrease in operating revenue was mainly due to weak market demand, with the decline in cement sales volume exceeding the increase in selling prices. The net loss decreased year-on-year, mainly due to rising cement prices and a decrease in various expenses
According to the Zhitong Finance APP, Shanshui Cement (00691) announced its performance for the six months ending June 30, 2025, with operating revenue of 5.554 billion yuan (RMB, the same below), a year-on-year decrease of 15.4%; a loss attributable to shareholders of 250 million yuan, a year-on-year narrowing of 52.8%; and a basic loss per share of 0.06 yuan.
During the period, the decrease in operating revenue was mainly due to weak market demand, with the decline in cement sales volume exceeding the increase in sales price.
During the reporting period, the group's net loss decreased year-on-year, mainly due to the year-on-year increase in cement prices, as well as a decline in various expenses such as production, sales, management, and finance to varying degrees
