Key Takeaways:
Huaxin Cement Co. (600801.SS, 06655.HK) announced it anticipates a net profit increase of 126% to 213% for the first quarter of 2026, driven by expanding overseas operations that have boosted sales volumes.
In a preliminary earnings announcement, the company said it expects net profit attributable to the owners of the parent company to be between RMB520 million and RMB720 million. This represents an increase of RMB290 million to RMB490 million from the same period last year.
The cement producer also projected that net profit excluding non-recurring gains and losses would reach between RMB520 million and RMB720 million. This reflects a year-over-year increase of RMB280 million to RMB480 million, or 117% to 200%.
The company stated the significant growth during the period was mainly a result of the steady release of new production capacity overseas. This expansion provided strong support for sales volume growth and drove the overall improvement in operating results.
The positive profit alert underscores the success of Huaxin's international expansion strategy. Investors will be watching for the final quarterly results, due by the end of April, to assess the margin contribution from these new overseas assets.
This article is for informational purposes only and does not constitute investment advice.
