CR Building Material Technology: Profit attributable to owners in 2024 is expected to decrease by approximately 62% to 72% year-on-year

2025-02-14 10:17:03

This was mainly due to: (1) a decrease in the gross profit margin of the Group's non-cement and concrete businesses in 2024 as compared to 2023; (2) a one-off gain on disposal of a subsidiary of RMB163.6 million in 2023; and (3) an impairment loss in 2024.

On the evening of February

13, China Resources Building Materials Technology announced that the company's attributable earnings for the year ending December 31, 2024 are expected to decrease by about 62% to 72% compared with the year ending December 31, 2023. This was mainly due to: (1) a decrease in the gross profit margin of the Group's non-cement and concrete businesses in 2024 as compared to 2023; (2) a one-off gain on disposal of a subsidiary of RMB163.6 million in 2023; and (3) an impairment loss in 2024.

Data show that in 2023, the revenue of Huarun building materials technology was 25 billion 550 million yuan, and the net profit was 644 million yuan.

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Correlation

CR Building Material Technology: Profit attributable to owners in 2024 is expected to decrease by approximately 62% to 72% year-on-year

2025-02-14 10:17:03

CEMPI

104.34

-0.72 -0.69%

CONCPI

94.30

-1.31 -1.37%

CLKPI

102.76

-0.93 -0.90%

SPPI

45.16

+0.02 +0.04%

MORPI

76.51

-0.42 -0.55%

Cement network data: statistics of highway investment across the country from January to June 2025

The title is "Statistics of Highway Construction Investment from January to June 2025". This is about the statistics of highway construction investment in the first half of 2025, including the data of the whole country and provincial administrative regions, including the cumulative value since the beginning of the year and the cumulative year-on-year situation. In the cumulative year-on-year data, the value of Hainan is more prominent, the values of Liaoning and Shanghai are relatively high, and the value of Jilin is relatively flat. Local data reflect different trends of highway construction investment in different regions.