Reduce losses by 830 million yuan! CNBM: Estimated loss of about 520 million yuan in the first quarter of 2025

2025-04-16 17:00:37

The expected decrease in the loss attributable to equity holders is mainly attributable to the increase in selling price and the decrease in cost of sales of cement and glass fibre, which are the main products of the Group, and the increase in sales volume of wind turbine blades and coatings, which are partially offset by the decrease in sales volume of cement.

On

16 April, CNBM announced that, upon preliminary review, the unaudited loss attributable to equity holders of the Group for the three months ended 31 March 2025 is expected to be approximately RMB520 million, and the loss attributable to equity holders for the three months ended 31 March 2024 is expected to be approximately RMB1.35 billion. The loss was reduced by 830 million yuan over the same period. The

expected decrease in the loss attributable to equity holders is mainly attributable to the increase in selling price and the decrease in cost of sales of cement and glass fibre, which are the main products of the Group, and the increase in sales volume of wind turbine blades and coatings, which are partially offset by the decrease in sales volume of cement.

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