Tianshan Cement disclosed its earnings forecast, expecting a net loss attributable to shareholders of 2.8 billion to 3.36 billion yuan in the first half of 2026, compared with a loss of 924 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 3.15 billion to 3.68 billion yuan, compared with a loss of 1.083 billion yuan a year earlier. The company's main business is the production and sale of cement, clinker, ready-mixed concrete, and aggregates. The change in performance is mainly due to weak market demand, which led to lower prices and volumes for cement and ready-mixed concrete, as well as a decline in aggregate prices. The decrease in costs and expenses was insufficient to offset the impact of falling prices, resulting in a year-on-year decline in gross profit for related products.
Xinjiang Tianshan Cement Co LtdWeak market demand led to lower prices and volumes for cement and ready-mixed concrete, causing a larger loss.