CNBM: Expected First Quarter Loss Narrows to 170 Million yuan

2026-04-20 13:28:40

The main reasons for the decrease in the Company's loss included the increase in the selling price of glass fiber, the decrease in the cost of sales, the increase in the sales volume of electronic cloth and lithium battery separator, the increase in the net gain from the change in fair value of financial assets, and the increase in the share of profits of associates, which were partially offset by the decrease in the selling price of cement.

Recently, China National Building Material Co., Ltd. announced that the Group's unaudited loss attributable to equity holders for the three months ending March 31, 2026 is expected to be about RMB 170 million . Loss attributable to equity holders for the three months ended March 31, 2025 was approximately RMB517 million. The main reasons for the decrease in the

Company's loss included the increase in the selling price of glass fiber, the decrease in the cost of sales, the increase in the sales volume of electronic cloth and lithium battery separator, the increase in the net gain from the change in fair value of financial assets, and the increase in the share of profits of associates, which were partially offset by the decrease in the selling price of cement.

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Correlation

CNBM: Expected First Quarter Loss Narrows to 170 Million yuan

2026-04-20 13:28:40

CEMPI

97.56

+0.24 +0.25%

CONCPI

90.00

-0.13 -0.14%

CLKPI

99.02

-0.38 -0.38%

SPPI

45.10

+0.10 +0.22%

MORPI

73.32

0.00 0.00%

China National Building Material Group Signs Strategic Cooperation Agreement with Conch Group

On April 16, China Building Materials Group and Conch Group signed a strategic cooperation agreement in Wuhu. Yang Jun, Party Secretary and Chairman of Conch Group, and Zhou Yuxian, Party Secretary and Chairman of China Building Materials Group, attended the ceremony and witnessed the signing of the contract. Zhu Shengli, Deputy Secretary of the Party Committee and General Manager of Conch Group, and Chang Zhangli, Deputy Secretary of the Party Committee and General Manager of China Building Materials Group, signed the strategic cooperation agreement on behalf of both sides. Ding Feng, Member of the Party Committee and Deputy General Manager of Conch Group, Li Qunfeng, Member of the Party Committee and Deputy General Manager of Conch Group; Wei Rushan, Member of the Standing Committee of the Party Committee and Deputy General Manager of China National Building Material Group, Deputy Secretary of the Party Committee and President of China National Building Material Group, Assistant to the General Manager of Conch Group, Secretary of the Party Committee of China National Building Material Institute