China Resources Building Materials Technology: The annual profit attributable to shareholders is expected to decrease by about 58% to 67% year-on-year.

2024-01-22 10:15:35

Profit attributable to owners of the Company for the year ending 31 December 2023 is expected to decrease by approximately 58% to 67% as compared to the year ending 31 December 2022.

CR Building Material Technology announced that the profit attributable to owners of the Company for the year ending 31 December 2023 is expected to decrease by approximately 58% to 67% as compared with the year ending 31 December 2022, mainly due to the decrease in the sales price of the Group's products in 2023 as compared with 2022; The sales volume of the Group's products in 2023 was lower than that in 2022; a one-off gain of HK $239.1 million was recorded from the disposal of a subsidiary in 2022.

It is understood that in 2022, the turnover of China Resources Building Materials Technology is about 32.219 billion Hong Kong dollars, and the profit attributable to the owners of the company is about 1.936 billion Hong Kong dollars.

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Correlation

Profit attributable to owners of the Company for the year ending 31 December 2023 is expected to decrease by approximately 58% to 67% as compared to the year ending 31 December 2022.

2024-01-22 10:15:35

On October 13, Sifang New Material (605122) released an output report for the third quarter of 2025. During the reporting period, the company's output of commercial concrete was 796,900 cubic meters, down 16.69% year-on-year; the output of wet-mixed mortar was 20,000 cubic meters, up 12.55% year-on-year; the output of asphalt concrete was 22,400 tons, down 34.74% year-on-year; The output of prefabricated concrete components was 0.7 million cubic meters, an increase of 40.42% over the same period last year.