HKG:1313

2 stories mentioning HKG:1313Updated 135d ago

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China Resources Building Materials Swings to Loss in Q1

China Resources Building Materials Technology (HKG:1313) posted a loss attributable to owners of 187.9 million yuan for the first quarter of 2026, compared with a profit of 107 million yuan a year earlier, according to an April 24 Hong Kong bourse filing.Shares of the cement manufacturer were down over 2% in morning trade on Monday.Loss per share came in at 0.027 yuan, compared with earnings per share of 0.015 yuan in the prior-year period.Turnover fell 9.9% year on year to 4.17 billion yuan from 4.63 billion yuan.

HKG:1313

Asia162d ago

China Resources Building Materials Expects Swing to Loss in Q1

China Resources Building Materials Technology (HKG:1313) expects a first-quarter loss attributable to owners of 170 million yuan to 200 million yuan, compared with a profit of 107 million yuan a year earlier, according to a Monday Hong Kong bourse filing.Shares of the cement manufacturer were down nearly 4% in late morning trade on Tuesday.The company said the expected loss was mainly due to lower selling prices of cement and concrete products, which weighed on gross profit and margins.

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