en.Wedoany.com Reported - China Tapa Group (002233) released its 2026 semi-annual performance forecast, indicating that the company expects to achieve profitability, but net profit will decline compared to the same period last year. According to the announcement, net profit attributable to shareholders of the listed company is expected to be between 210 million and 230 million yuan, down 47.17% to 51.77% year-on-year; net profit after deducting non-recurring gains and losses is expected to be between 145 million and 155 million yuan, down 35.91% to 40.05% year-on-year; basic earnings per share are expected to be 0.18 yuan/share to 0.20 yuan/share, compared to 0.37 yuan/share in the same period last year.

The year-on-year decline in performance is mainly attributed to two factors. On one hand, the profitability of the cement core business decreased year-on-year. During the reporting period, the real estate industry continued its deep adjustment, the pace of fund allocation for local infrastructure projects slowed, and effective demand was insufficient, leading to a sustained decline in cement demand with an expanded year-on-year drop. Against the backdrop of intensified competition in the existing market, cement prices fell, and both the company's cement sales volume and selling prices declined simultaneously. Although the cost of cement sales decreased year-on-year, the improvement in costs could not offset the impact of falling product prices, resulting in a decline in the gross profit margin of the cement business and a narrowing of the core business profit margin.

On the other hand, non-recurring gains and losses decreased year-on-year. In the same period last year, due to the recovery of the capital market and the disposal of closed enterprises, the company's non-recurring gains and losses had a high base, amounting to 194 million yuan. In the current reporting period, non-recurring gains and losses decreased by approximately 120 million yuan year-on-year, including a reduction of about 80 million yuan in investment income (including unrealized gains) and a reduction of about 40 million yuan in income from the disposal of closed enterprises.

The announcement notes that the performance estimates are subject to uncertainty, and complete and accurate financial data will be disclosed in the company's 2026 semi-annual report.