Core Viewpoint - Western Cement (02233) has seen a significant stock price increase of over 4%, reaching HKD 2.73, with a trading volume of HKD 97.76 million following the release of its interim results [1] Financial Performance - For the first half of the year, the company reported revenue of RMB 5.418 billion, a year-on-year increase of 46.4% [1] - The profit attributable to the owners of the company was RMB 748 million, reflecting a year-on-year increase of 93.4% [1] - Cement and clinker sales increased by 23.6% year-on-year to 10.82 million tons [1] Market Dynamics - Sales in the Chinese market decreased by 8.3% to 6.65 million tons, while overseas sales surged by 178% to 4.17 million tons [1] Strategic Expansion - The company is expected to complete the acquisition of the Cimenteriede Lukala (CILU) plant in Kinshasa, Congo, by the second half of 2025, which will extend its market presence in Western Congo [1] - Additionally, the company plans to complete its cement and grinding capacity construction in Uganda by the first half of 2026, enhancing its position as a major cement producer in East Africa south of the Sahara [1]
港股异动 | 西部水泥(02233)再涨超4% 上半年纯利同比增超93% 公司海外产能继续扩大