The concrete giant has a net loss of over 190 million and a debt to asset ratio approaching 70%!

In October 2025, the first three quarters performance announcement disclosed by Western Construction showed that the company achieved a revenue of 13.

881 billion yuan, a year-on-year decrease of 7.

57%, and a net profit attributable to the parent company was a loss of 198 million yuan, a significant year-on-year decrease of 2141.

86%.

The performance of turning from profit to loss reflects multiple pressures on the company’s management.

From the financial data perspective, the deterioration of the profit side is particularly prominent, with a weighted average return on equity as low as -2.

44% in the first three quarters and a gross profit margin of only 6.

57%, further shrinking from 8.

45% in the same period last year and far below the industry average.

Rebar Saddles

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