Tata Group: Net profit in 2025 increases by 17.87% year-on-year, with improved profitability in the cement main business

Reprinted from China Securities Journal · China Securities Network

On March 19, Taa Group (002233) released its 2025 annual report. During the reporting period, the company achieved operating revenue of 4.107 billion yuan; net profit attributable to shareholders of the listed company was 634 million yuan, a year-on-year increase of 17.87%; net profit excluding non-recurring gains and losses was 377 million yuan, up 10.50% year-on-year; basic earnings per share were 0.54 yuan, an increase of 17.39% year-on-year.

The report shows that in 2025, the company’s cement sales volume was 16.0402 million tons, an increase of 1.14% compared to the same period last year, with total “cement + clinker” sales volume up 0.91% year-on-year. Although cement sales prices decreased by 4.25% year-on-year, thanks to lower procurement costs for coal and other raw materials, as well as the company’s ongoing cost reduction and efficiency improvement measures, the average sales cost of cement decreased by 8.28% year-on-year, a larger decline than the price reduction. This helped increase the company’s overall gross profit margin by 2.37 percentage points, improving profitability in the cement main business.

By the end of 2025, the company supplemented the capacity of its subsidiary Xinda Rotary Kiln with a 5,000 t/d cement clinker production line to two 10,000-ton production lines at Jiao Ling Branch, optimizing capacity layout and enhancing operational efficiency. Meanwhile, the company’s emerging businesses showed significant growth. The cement kiln co-processing of solid waste achieved a disposal volume of 366,200 tons, a substantial increase of 57.57% year-on-year; photovoltaic power generation on-grid revenue reached 4.8345 million yuan, up 18.00%. As of the end of the reporting period, the company’s photovoltaic installed capacity was 51.50 MW, and energy storage capacity was 40 MW / 80 MWh.

Regarding shareholder returns, the company’s 2025 profit distribution plan approved by the board of directors is: based on the total share capital minus repurchased shares at the time of distribution, a cash dividend of 4.80 yuan (tax included) will be paid for every 10 shares to all shareholders. Previously, the company implemented the 2024 profit distribution plan, with a total cash dividend of 528 million yuan.

The announcement elaborates on the company’s future development strategy. The company stated that it will adhere to the entrepreneurial philosophy of “co-creating Taa’s事业, sharing Taa’s成果,” deeply cultivating its main cement business, and continuing to strengthen and refine this core area through extreme cost reduction and scientific marketing. Meanwhile, it will focus resources on accelerating the operation and management of cement kiln co-processing solid waste projects, expanding and strengthening environmental protection business; integrating and upgrading the concrete industry, accelerating the development of emerging industries, and actively cultivating a second growth curve. In 2026, the company’s production and operation plan aims to achieve cement production and sales exceeding 16 million tons, with an annual net profit target of 530 million yuan. (Wang Luo)