Asia Cement (00743) issues profit warning, anticipating a first-quarter net loss attributable to shareholders of approximately 81.283 million yuan, turning from a profit to a loss year-on-year.
Asia Cement (China) (00743) announced that the group is expected to have an unaudited loss of approximately RMB 81.283 million for the three months ended March 31, 2026, compared to a profit of approximately RMB 3.081 million for the same period in 2025.
Asia Cement CH (00743) announced that it is expected to report a unaudited loss attributable to equity holders of approximately RMB 81.283 million for the three months ending March 31, 2026, compared to a profit attributable to equity holders of approximately RMB 3.081 million for the same period in 2025.
The Board of Directors believes that the decrease in expected profit is mainly due to a decrease in the selling price of the Group's cement products compared to the same period in 2025.
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