Core Viewpoint - Western Cement (02233) has seen its stock price rise over 5%, reaching a historical high of 3.68 HKD, driven by its strategic overseas expansion amid declining domestic demand [1] Group 1: Company Strategy - The company initiated its overseas expansion strategy in 2020, starting with its first production line in Mozambique and expanding to one new country each year [1] - By the end of 2024, the company will have established a presence in Mozambique, the Democratic Republic of the Congo, Ethiopia, and Uzbekistan [1] Group 2: Financial Performance - The overseas gross profit per ton for the company is projected to reach 288 CNY/ton in 2024, significantly higher than the domestic gross profit of 42 CNY/ton [1] - The company plans to sell its Xinjiang cement assets for 1.65 billion CNY in 2025, which will help alleviate debt pressure and support ongoing overseas expansion projects [1]
西部水泥涨超5%再创新高 海外单吨毛利远高于国内 公司坚定推进出海战略