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Huaxin Cement Co., Ltd. Class H ( (HK:6655) ) just unveiled an announcement.
Huaxin Building Materials Group Co., Ltd. has released its unaudited first-quarter 2026 financial report, prepared under China Accounting Standards and to be published in PRC newspapers. The company confirms management’s responsibility for the accuracy and completeness of the figures and notes that, in case of discrepancies, the Chinese version of the report will prevail.
During the reporting period, the group’s revenue rose 24.4% year on year to RMB 8.91 billion, with profit before tax surging 149.49%. Net profit attributable to shareholders jumped 169.39% to RMB 630.1 million, while operating cash flow rebounded sharply to RMB 866 million from a negative base a year earlier.
Basic earnings per share climbed to RMB 0.30 and diluted EPS to RMB 0.29, reflecting significantly improved profitability. Total assets grew slightly to RMB 81.91 billion and equity attributable to shareholders increased 2.51%, signaling a stronger balance sheet and enhanced returns, as evidenced by the weighted average return on net assets rising to 1.94%.
More about Huaxin Cement Co., Ltd. Class H
Huaxin Building Materials Group Co., Ltd. is a mainland China-based producer in the building materials industry, focusing primarily on cement and related products. Listed in Hong Kong and Shanghai, the group targets construction and infrastructure markets across the PRC, operating through multiple subsidiaries to serve large-scale industrial and urban development demand.
Average Trading Volume: 2,920,940
Technical Sentiment Signal: Buy
Current Market Cap: HK$46.73B
Learn more about 6655 stock on TipRanks’ Stock Analysis page.