China Resources Building Materials Technology: Expected loss of about 400 million yuan to 500 million yuan in the first half of the year

On July 17, China Resources Building Materials Technology (01313) announced that the group expects to achieve a loss attributable to the owners of the company of about RMB 400 million to 500 million for the six months ending June 30, 2026, and a profit attributable to the owners of the company of RMB 306.7 million for the same period in 2025. During the period

, the unit cost of sales of cement, concrete and aggregate decreased as compared with the same period in 2025, but the selling prices of the above three products decreased as compared with the same period in 2025. The contribution from cost savings was insufficient to offset the impact of the decrease in selling price, resulting in a decrease in consolidated gross profit and consolidated gross profit margin.