China Shanshui Cement Widens Quarterly Loss as Revenue Falls and Costs Stay High

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2026.04.30 13:57
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China Shanshui Cement Group reported a significant quarterly loss for the period ending March 31, 2026, with operating revenue dropping to RMB1.18 billion from RMB1.62 billion year-on-year. The company's net assets decreased to RMB16.31 billion, and the operating loss widened to RMB742.6 million due to higher administrative expenses and weaker gross profit. The net loss reached RMB787.0 million, highlighting ongoing financial challenges in a tough cement market.