HK Stock Market Move | CR BLDG MAT TEC (01313) drops more than 4% after earnings, cement sales for the third quarter are slightly smaller than the industry average, the cement main business is still under pressure.

CR BLDG MAT TEC (01313) fell by more than 4% after the performance announcement, dropping by 4.49% to 1.7 Hong Kong dollars per share, with a turnover of 317.508 million Hong Kong dollars. On the news front, on October 24th, CR BLDG MAT TEC released its performance for the nine months ending September 30, 2025. The revenue was 15.07 billion yuan, a year-on-year decrease of 4.5%; the attributable profit to the company's owners was 331 million yuan, a year-on-year increase of 7.3%; and the basic earnings per share were 0.047 yuan. Zhongjin released a research report stating that CR BLDG MAT TEC's performance in Q3 2025 basically met the bank's expectations. Looking at the main business, in Q3 2025, the company's total sales volume of cement clinker decreased by 5.3% year-on-year to 14.12 million tons, while the industry's total cement production volume decreased by 6.6% year-on-year. The company's sales volume decline was slightly smaller than its peers. In Q3 2025, the average price per ton of cement clinker decreased by 32 yuan to 205 yuan year-on-year; the cost per ton decreased by 32 yuan to 173 yuan; and the gross profit per ton reached 32 yuan, which was basically at a low level year-on-year. With weak demand in the off-season and increasing supply-demand contradictions, the cement main business is still under pressure.