BBMG Corporation (02009) announced its interim results for 2025, reporting operating revenue of approximately RMB 455.66 billion, representing a marginal increase of about 0.01% year-over-year. The company recorded a net loss attributable to shareholders of approximately RMB 14.96 billion, marking an increase of about 85.4% compared to the same period last year. Basic loss per share (excluding other equity instruments) stood at approximately RMB 0.19.

During the first half of 2025, the new green building materials segment achieved main business revenue of approximately RMB 404.89 billion, up about 14.8% year-over-year, with main business gross profit of approximately RMB 36.21 billion, increasing by about 26.1% year-over-year.

The cement business strengthened lean operations and launched a special initiative focused on "further cost reduction and efficiency enhancement." The company accelerated the construction of an internal unified market, improved market control capabilities, optimized market positioning and product structure, and seized value opportunities. Through coordinated efforts to promote precise, rigid, and coordinated peak shifting, dynamic adjustment of marketing strategies, and driving rational price recovery, cement and clinker sales reached 37.38 million tons (excluding joint ventures and associates), down 2.1% year-over-year. This included cement sales of 32.46 million tons and clinker sales of 4.92 million tons. The comprehensive gross margin for cement and clinker was 20.7%, compared to 10.4% in the same period last year, representing an increase of 10.3 percentage points.

The concrete business implemented the working principle of "seeking development, competing for sales volume, emphasizing innovation, controlling risks, eliminating overdue accounts, and reducing costs." The company accelerated industrial layout implementation, with new acquisitions, leases, and processing contracts for 10 sites in Hebei, Shaanxi, Jilin, Tianjin, and Chongqing, adding over 9.23 million cubic meters of new capacity. Sales volume reached 7.27 million cubic meters, up 35.1% year-over-year, while concrete gross margin was 9.2%, down 0.6 percentage points year-over-year.

The new materials business improved integrated marketing mechanisms, enriched the "products + solutions + services" system with applications in high value-added segments such as petrochemicals and new infrastructure, while actively exploring overseas markets and expanding export business. Main business revenue reached approximately RMB 6.6 billion, up about 6.1% year-over-year, with a gross margin of approximately 15%, increasing by about 1.3 percentage points year-over-year.