China Resources Building Materials Technology: Expected loss of 750 million to 850 million yuan in the first three quarters

2026-10-13 09:19:29

China Resources Building Material Technology issued a profit warning and expects to record a loss attributable to owners of the Company of approximately RMB750 million to RMB850 million for the nine months ended 30 September 2026, compared to a profit of RMB331 million for the same period in 2025.

On the evening of October

12, China Resources Building Materials Technology issued a profit warning, expecting to record a loss attributable to owners of the company of about RMB 750 million to RMB 850 million for the nine months ending September 30, 2026, and a profit of RMB 331 million for the same period in 2025. During the period,

the unit cost of sales of concrete and aggregate decreased as compared with the corresponding period in 2025, while the unit cost of sales of cement increased slightly due to the continuous increase in coal price. At the same time, the sales prices of the above three products decreased compared with the same period in 2025. The contribution of cost savings from cost

reduction measures was insufficient to offset the impact of the decrease in selling price and the increase in coal price, resulting in a decrease in consolidated gross profit and consolidated gross profit margin.

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Correlation

China Resources Building Material Technology issued a profit warning and expects to record a loss attributable to owners of the Company of approximately RMB750 million to RMB850 million for the nine months ended 30 September 2026, compared to a profit of RMB331 million for the same period in 2025.

2026-10-13 09:19:29

On August 15, China Resources Building Materials Technology released its interim results announcement for the six months ended June 30, 2025.

2025-08-19 09:35:42

In the first three quarters of 2023, the turnover was HK $17,892.7 million, down 26.1% year-on-year; the net profit attributable to owners of the Company was HK $710.2 million, down 61.2% year-on-year.

2023-10-28 08:26:02

China Resources Building Material Technology issued a profit warning and expects to record a loss attributable to owners of the Company of approximately RMB750 million to RMB850 million for the nine months ended 30 September 2026, compared to a profit of RMB331 million for the same period in 2025.