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Shanshui Cement (00691.HK): Estimated net loss attributable to shareholders for 2025 is approximately 983 million yuan
Gelonghui, March 5 — Shanshui Cement (00691.HK) announced that its operating revenue for 2025 is approximately RMB 11.561 billion, a decrease of 20.3% compared to 2024; operating loss for 2025 is about RMB 518 million, whereas operating profit for 2024 was approximately RMB 182 million; net loss attributable to shareholders for 2025 is about RMB 983 million, compared to a net loss of RMB 141 million in 2024; basic loss per share for 2025 is RMB 0.23 (2024: RMB 0.03).
The gross profit for 2025 is RMB 1.624 billion (2024: RMB 2.094 billion), with a gross profit margin of 14.0% of revenue (2024: 14.4%). The decrease in gross profit and slight decline in gross profit margin year-over-year are mainly due to a decrease in cement and clinker sales volume compared to the previous year, and a decline in cement selling prices that slightly exceeds the reduction in unit costs.