On August 15th, China Resources Building Materials Technology Holdings Co., Ltd. announced its interim results for 2025. In the first half of 2025, the company's revenue decreased by 1.0% year-on-year to 10.21 billion RMB, while gross profit increased by 22.2% year-on-year to 1.89 billion RMB. The gross profit margin rose by 3.5 percentage points to 18.5% year-on-year, and the net profit attributable to the company's owners increased by 85.0% year-on-year to 310 million RMB. At the same time, operating cash flow turned positive to 750 million RMB. The debt structure was further optimized, with the debt-to-equity ratio decreasing by 3.7 percentage points to 35.1% year-on-year.
In terms of business performance, in the first half of the year, the sales volumes of cement products, concrete, and aggregates were 25.31 million tons, 6.88 million cubic meters, and 36.34 million tons, respectively. The utilization rates of production lines were 56.8%, 32.0%, and 80.2% respectively. The average selling price per ton of cement products was 247 RMB, the average selling price per cubic meter of concrete was 303 RMB, and the average selling price per ton of aggregates was 36 RMB.
On August 18th, China Resources Building Materials Technology held its 2025 mid-year performance online conference. Jing Shiqing, Chairman of the Board of Directors of China Resources Building Materials Technology, Xie Ji, CEO, and Huang Hu, Chief Financial Officer attended the meeting in Shenzhen. The conference attracted over 20 analysts and fund managers from domestic and foreign financial institutions such as Citigroup, Morgan Stanley, China International Capital Corporation, Bank of China International, Guotai Junan Securities, Changjiang Securities, and Industrial Securities, as well as 40 domestic and foreign investors participating online. During the conference, the company's mid-year performance was introduced, and in-depth discussions were held on key topics such as supply and demand outlook, competitive landscape, cost control, capacity replacement, and aggregate business.
Chairman Jing Shiqing pointed out that the positive factors and favorable conditions supporting the company's high-quality development are continuously accumulating, and the certainty of the cement industry is gradually strengthening. Looking ahead to the second half of the year, the company will aim for stable performance to consolidate the trend of improvement in the basic foundation. In the cement business, the company will execute market competition strategies according to local conditions; in the concrete business, it will leverage the integrated industrial park model to strengthen core competitiveness; and in the aggregate business, it will focus on rapid production and sales, implementing the strategy of "increasing production to promote sales, and increasing revenue and creating profit" consistently. Furthermore, the company will balance progress and retreat for development, continuously optimize the quality of asset structure, and effectively enhance the efficiency of operational management.
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