Group 1 - The core viewpoint of the article highlights that Huaxin Cement (06655) has seen a stock price increase of over 3%, currently trading at 19 HKD with a transaction volume of 27.71 million HKD [1] - According to the report from Guotai Junan, the profitability of the cement sector in Q3 2025 is primarily driven by overseas expansion, particularly in regions like Africa, where companies such as Huaxin Cement exhibit significant profitability advantages [1] - Domestic demand and pricing have shown a decline compared to Q2, indicating a weakening trend, while the focus remains on limiting overproduction to improve supply-demand dynamics in the industry [1] Group 2 - Huaxin Cement reported a 1.1% quarter-on-quarter increase in revenue for Q3, attributed mainly to contributions from overseas operations [1] - Guotai Junan believes that the company's overall overseas cement profitability remains strong, with significant recovery in regions like Central Asia that were previously weak, and the impact of domestic price declines during the off-season is minimal [1] - Following the unexpected consolidation of operations in Nigeria, there are plans for independent listings of overseas assets, which are expected to enhance valuation and accelerate future overseas acquisitions [1]
港股异动 | 华新水泥(06655)涨超3% 水泥海外盈利超预期 公司三季度营收逆势增长系海外业务贡献