DongwuCement International (00695.HK): Expected H1 Revenue Drop of Approximately 55.4%, Widened Loss of About HK$15.978 Million

NewTimeSpace News: On 10 August 2026, DongwuCement International (00695.HK) issued a profit warning. Based on preliminary assessment of the unaudited consolidated management accounts, revenue for the period is expected to be approximately HK$52.965 million, down roughly 55.4% compared with about HK$119 million in the same period last year. The projected loss stands at around HK$15.978 million, widening by approximately 23.2% year‑on‑year.

According to the announcement, the revenue decline and widened loss are mainly attributable to aggravated supply‑demand imbalance in China’s cement industry during the first half of the year, persistent weakness in downstream market demand, under‑performance of the traditional peak season, industrial overcapacity, intensified market competition and cut‑throat price competition.

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