Logotype for West China Cement Limited

West China Cement (2233) investor relations material

West China Cement H1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for West China Cement Limited
H1 2025 earnings summary25 Aug, 2025

Executive summary

  • Revenue rose 46.4% year-over-year to RMB5,418.3 million for H1 2025, driven by strong overseas growth and improved supply discipline in China.

  • Net profit surged 93.4% to RMB748.3 million, with basic EPS up 93% to 13.7 cents.

  • Overseas operations contributed 43% of revenue and 58% of gross profit, validating the international expansion strategy.

  • Major asset restructuring included the acquisition of the CILU plant in DRC and the sale of Xinjiang assets, focusing on high-growth overseas markets.

  • Cement and clinker sales volume increased 23.7% year-over-year to 10.82 million tons.

Financial highlights

  • Gross profit rose 67.2% to RMB1,627.0 million; gross margin improved to 30.0% from 26.3% year-over-year.

  • EBITDA reached RMB1,846.7 million, up 43.8% year-over-year; EBITDA margin was 34.1%.

  • Net gearing increased to 69.0% (from 65.3% at YE24); net debt/EBITDA improved to 2.7x (from 3.4x).

  • Net assets per share: 262 cents (up 3.6% YoY).

  • Cash and equivalents at period end: RMB1.8bn; unused banking facilities of RMB2,031.0 million.

Outlook and guidance

  • Focus on liability management and repaying part of US$600m senior notes due July 2026, using Xinjiang disposal proceeds.

  • Overseas expansion to continue, with new capacity in Uganda and Mozambique and completion of DRC CILU acquisition expected in 2025-2026.

  • African GDP growth and infrastructure demand expected to support further volume and revenue growth.

  • Expect continued supply-side discipline and stable demand from infrastructure projects in Shaanxi to support profitability.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next West China Cement earnings date

Logotype for West China Cement Limited
H2 202522 Mar, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next West China Cement earnings date

Logotype for West China Cement Limited
H2 202522 Mar, 2026

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage