Huaxin Building Materials forecasts 2025 net profit to rise up to 21.9%
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Huaxin Building Materials Group Co. Ltd. forecasts a net profit for 2025 between RMB 2,700 million and RMB 2,950 million, indicating a rise of approximately 11.6% to 21.9% from the previous year. The company attributes this growth to its expanding overseas business, lower fuel costs, and efficiency initiatives, which have improved profitability despite a competitive market. Net profit after non-recurring items is expected to be between RMB 2,580 million and RMB 2,760 million.
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