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.
Tangshan Jidong Cement Co LtdCompany expects wider net loss due to declining industry demand, lower cement prices and sales volumes.