BBMG disclosed its earnings forecast, expecting a net loss attributable to shareholders of 1.95 billion to 2.35 billion yuan in the first half of 2026, compared with a loss of 1.496 billion yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 2.3 billion to 2.7 billion yuan, compared with a loss of 2.2 billion yuan a year earlier. The company said that its cement and clinker business was affected by declining industry demand, with product selling prices and sales volumes falling year-on-year. The decline in costs and expenses was insufficient to offset the impact of lower selling prices, leading to a year-on-year decrease in profit from cement-related operations. In the real estate business, by accelerating inventory destocking and precision marketing, cash collections and contracted sales increased year-on-year, while the issuance of the Smart Manufacturing Factory REIT also recognized related gains.
BBMG Corp Class ACement and clinker business affected by declining industry demand, with lower selling prices and sales volumes.