Huaxin Building Materials released its 2026 half-year report, with first-half net profit attributable to the parent of 1.71 billion yuan, up 55.2% year on year. Operating revenue was 19.5 billion yuan, up 21.5% year on year; net profit attributable to the parent excluding non-recurring items was 1.7 billion yuan, up 59.3% year on year; net operating cash flow was 2.693 billion yuan, up 65.9% year on year; earnings per share were 0.8239 yuan. In the second quarter, operating revenue was 10.59 billion yuan, up 19.2% year on year, and net profit attributable to the parent was 1.08 billion yuan, up 24.5% year on year. As of the end of the second quarter, total assets were 81.515 billion yuan, up 0.6% from the end of the previous year, and net assets attributable to the parent were 33.205 billion yuan, up 3.6% from the end of the previous year. The company noted that, affected by overall weakening investment and deep adjustment in the real estate market, cement demand continued to contract. National cumulative cement output in the first six months was 736 million tonnes, down 8% year on year, the lowest level for the same period in nearly 17 years. By implementing an integrated development strategy, the company successfully expanded into ready-mixed concrete, aggregates and environmental protection businesses. Overseas cement sales volume grew 57.06% year on year, and performance growth was mainly driven by stable growth in overseas business and higher average selling prices for cement products.
Huaxin Cement Co Ltd AFirst-half net profit up 55.2% YoY, revenue up 21.5%, and cash flow up 65.9%.
