Conch Cement First-Half 2026 Revenue RMB 36.927 Billion, Net Profit RMB 2.527 Billion, Down 42.76%
Conch Cement reported first-half 2026 revenue of RMB 36.927 billion, down 10.88% year on year, and net profit attributable to shareholders of RMB 2.527 billion, down 42.76%. Basic earnings per share were RMB 0.48. The company proposed a cash dividend of RMB 0.13 per share. Amid weak cement demand and intensifying competition, self-produced clinker and cement sales fell 3.96% to 121 million tonnes, with sales revenue down 16.49% and cost down 8.98%. Gross margin narrowed to 22.46%.
Conch Cement disclosed its semi-annual report on August 26. In the first half of 2026, the company achieved operating revenue of RMB 36.927 billion, down 10.88% year on year; net profit attributable to shareholders of the listed company was RMB 2.527 billion, down 42.76%; basic earnings per share were RMB 0.48. The company proposed a cash dividend of RMB 0.13 per share (including tax) for each share.
During the reporting period, affected by factors such as weak cement market demand and intensified market competition, the overall operating pressure on the industry further increased. The group's sales volume of self-produced cement and clinker was 121 million tonnes, down 3.96% year on year; self-produced product sales revenue was RMB 28.635 billion, down 16.49%; self-produced product sales cost was RMB 22.202 billion, down 8.98%; the comprehensive gross margin of self-produced products was 22.46%, down 6.40 percentage points from the same period in 2025.
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The event has a measured impact on 1 industry. The strongest current signal is negative for Basic Building Materials, with intensity 70/100 and 80% confidence over a short term horizon.
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