Western Cement's overseas cement and clinker sales increased by 178 percent

During the Reporting Period, the sales volume of cement and clinker of Western Cement increased by 23.6% year-on-year to 10.82 million tonnes (30 June 2024: 8.75 million tonnes). Sales in China decreased by 8.3% to 6.65 million tons (June 30, 2024: 7.25 million tons), while sales in overseas markets increased by 178% to 4.17 million tons (June 30, 2024: 1.5 million tons).

Benefiting from the orderly supply and lower costs, the average selling price of cement and clinker of Western Cement China increased by 4.1% to RMB280 per tonne (30 June 2024: RMB269 per tonne), achieving a gross profit of RMB64 per tonne (30 June 2024: RMB38). The significant increase in overseas sales volume allowed the average selling price to be maintained at a more sustainable level of RMB486 per tonne (30 June 2024: RMB739), which led to an average gross profit of RMB181 per tonne (30 June 2024: RMB326).