China Resources Building Materials Technology Co., Ltd.: It is estimated that the profit attributable to shareholders in the first quarter will be about 100 million to 120 million yuan

2025-04-10 13:21:50

This was mainly attributable to the increase in the selling price of the Group's cement products and the decrease in the cost of sales during the period as compared with the corresponding period in 2024.

China Resources Building Material Technology (01313. HK) announces that the Group expects to record a profit attributable to owners of the Company of approximately RMB100 million to RMB120 million for the three months ending 31 March 2025. While a loss attributable to owners of the Company of RMB28.9 million was recorded for the same period last year.

This was mainly attributable to the increase in the selling price of the Group's cement products and the decrease in the cost of sales during the period as compared with the corresponding period in 2024.

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This was mainly attributable to the increase in the selling price of the Group's cement products and the decrease in the cost of sales during the period as compared with the corresponding period in 2024.

2025-04-10 13:21:50

Heidelberg subsidiary CEMENCO plans to raise cement prices by 0.25% from July 7, 2025, according to leaked internal instructions. But a senior official, speaking on condition of anonymity, said the price hike had not been officially approved by the Liberian Ministry of Commerce and Industry. This shows that the company's price increase plan is facing legitimacy problems, and whether the subsequent price increase can be achieved depends on whether official permission can be obtained, which also reflects the interaction between enterprise pricing and official regulation.