CNBM (03323) announces profit, with an estimated net profit attributable to shareholders of approximately 2.95 billion yuan in the first three quarters.

CNBM (03323) announced that it is expected that the unaudited profit attributable to equity holders of the Group for the nine months ended September 30, 2025 will be approximately RMB 2.95 billion, compared to a loss of approximately RMB 684 million for the nine months ended September 30, 2024. The expected increase is mainly due to a decrease in sales costs of the Group's main products cement and commercial concrete, an increase in the sales price of glass fiber and a decrease in sales costs, an increase in sales volume of wind turbine blades and coatings, an increase in profit from equity affiliates, and an increase in net income from changes in fair value of financial assets recognized in profit or loss at fair value by the Group, partially offset by a decrease in sales of cement.