Shanshui Cement (00691) announced interim results. Shareholders' losses of about 726 million yuan increased 1.9 times year-on-year

According to the Zhitong Finance App, Shanshui Cement (00691) announced its 2026 interim results. Operating revenue was about 4,074 billion yuan, down 26.6% from the same period last year; losses attributable to the company's shareholders were about 726 million yuan, an increase of 1.9 times over the previous year; and a basic loss of 0.17 yuan per share.

According to the announcement, the decline in operating revenue was mainly due to weak market demand and a decline in cement sales and sales prices in the current period. During the reporting period, the Group sold a total of 16.602 million tons of cement and clinker, a year-on-year decrease of 15.3%; it sold 1,021,000 cubic meters of commercial concrete, an increase of 47.1% over the previous year. According to CCA Digital Cement Network monitoring data, the average price in the national cement market in the first half of the year was RMB 334 per ton (P.042.5 bulk, transaction price), down RMB 52 per ton from the same period last year, a year-on-year decrease of nearly 14%.

The increase in losses was mainly due to a year-on-year decline in cement sales and prices in the current period, and a year-on-year increase in management expenses (mainly due to an increase in one-time termination benefits).