Asia Cement China (743) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended 30 June 2026 was RMB2,291.7 million, down 8% year-over-year due to lower sales volume and selling prices.

• Net loss for the period was RMB99.7 million, compared to a net profit of RMB117.0 million in the prior year, mainly due to decreased selling prices and increased coal costs.

• Gross profit margin declined to 9% from 16% year-over-year.

Financial highlights

• Revenue: RMB2,291.7 million (2025: RMB2,496.3 million).

• Gross profit: RMB202.9 million (2025: RMB411.2 million).

• Net loss: RMB99.7 million (2025: net profit RMB117.0 million).

• Basic loss per share: RMB0.060 (2025: earnings per share RMB0.073).

• Total assets: RMB19,938.9 million; net assets: RMB16,817.8 million as of 30 June 2026.

Outlook and guidance

• The industry is expected to see demand bottoming out, supply optimization, and regional divergence in the second half of 2026.

• The company aims to consolidate market share, control costs, enhance efficiency, and drive transformation for gradual improvement in operating performance.