Core Viewpoint - Western Cement (02233) shows significant growth in its mid-year performance, with a notable increase in revenue and net profit, driven by overseas market expansion [1] Financial Performance - The company achieved a revenue of 5.4 billion HKD in the first half of the year, representing a year-on-year increase of 46% [1] - Net profit reached 750 million HKD, marking a 93% year-on-year growth [1] - Sales volume for the period was 10.82 million tons, up 23.6% compared to the previous year [1] Market Expansion - The overseas market is identified as a core growth driver, with sales increasing by 178% to 4.17 million tons [1] - The company announced the acquisition of 1.2 million tons of cement capacity in the Congo and the sale of all its operations in Xinjiang to Conch Cement (600585), totaling 3.5 million tons of cement capacity [1] - The African cement market is highlighted as a new blue ocean for domestic companies, with high profitability and significant growth potential [1] - The company has multiple ongoing and planned projects in the African market, which are expected to contribute to future performance growth [1]
西部水泥再涨超6% 公司持续推进产能整合 海外扩张有望贡献更大业绩增量