Tapa Group released its 2026 semi-annual report, showing first-half net profit attributable to the parent of 219 million yuan, a sharp year-on-year decline of 49.60 percent, nearly halved. The company achieved operating revenue of 1.742 billion yuan, down 15.30 percent year-on-year, mainly due to the combined impact of a 13.47 percent drop in cement sales volume and a 5.72 percent decline in average selling price. During the reporting period, the average cement sales cost fell 4.92 percent year-on-year, but the decline was smaller than the drop in selling price, causing the overall gross margin to narrow by 0.85 percentage points to 23.41 percent. In addition, non-recurring gains and losses decreased by 124 million yuan year-on-year, further dragging down net profit performance. The company plans to distribute a cash dividend of 1.3 yuan per 10 shares, with an estimated total payout of 153 million yuan.
Guangdong Tapai Group Co LtdCement selling price fell 5.72% while cost fell only 4.92%, compressing gross margin and halving net profit.