Tangshan Jidong Cement Co Ltd

BBMG Jidong released its 2026 interim report, showing total operating revenue of 9.642 billion yuan, down 18.02 percent year-on-year, and a net loss attributable to the parent of 957 million yuan, a widening of 804 million yuan compared with the same period last year. Net cash inflow from operating activities was 325 million yuan, down 74.74 percent year-on-year. The company's asset-liability ratio was 50.54 percent, gross margin was 14.40 percent, return on equity was negative 3.65 percent, and diluted earnings per share was negative 0.36 yuan. The number of shareholders was 67,700, and the top ten shareholders held 70.12 percent of total share capital.

BBMG Jidong disclosed its earnings forecast, expecting a net loss attributable to the parent of 900 million to 980 million yuan in the first half of 2026, compared with a loss of 154 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 1 billion to 1.08 billion yuan, compared with a loss of 258 million yuan a year earlier. The company said overall industry demand continued to decline, with cement and clinker selling prices and sales volumes both falling year-on-year. Although costs and period expenses both decreased year-on-year, they could not offset the impact of lower selling prices, leading to a wider operating loss compared with the same period. BBMG Jidong's main business is the production and sale of cement clinker, various types of Portland cement and related building materials, while also covering industries such as sand and gravel aggregates, environmental protection, mineral powder, admixtures, and new materials.