Xinjiang Tianshan Cement Co LtdWeak domestic cement demand and low prices lead to expected net loss of 2.8-3.36 billion yuan.

Tianshan Cement has issued its 2026 first-half earnings forecast, expecting a net loss of 2.8 billion to 3.36 billion yuan, and a non-recurring net loss of 3.15 billion to 3.68 billion yuan. Against a backdrop of weak domestic cement demand and low prices, the company reduced the cost of sales for its three main products—cement clinker, ready-mixed concrete, and aggregates—through centralized procurement, production optimization, and expense control. The company continues to advance its cement-plus industry chain extension, high-end, intelligent, and green transformation, as well as international expansion, with both revenue and profit from international operations growing year-on-year in the first half. Lianhe Credit maintains its rating outlook, believing the company will retain its prominent industry position thanks to advantages in scale, cost, and financing capability.
Xinjiang Tianshan Cement Co LtdWeak domestic cement demand and low prices lead to expected net loss of 2.8-3.36 billion yuan.