CR BLDG MAT TEC (01313) issues profit warning, expecting a first quarter shareholder net loss of approximately 170 million yuan to 200 million yuan.
China Resources Building Materials Technology (01313) announced that the group is expected to incur a loss attributable to owners of the company of approximately RMB 170 million to 200 million for the three months ending on March 31, 2026, compared to a profit of RMB 107 million for the same period in 2025. The main reason for this is the decrease in the selling prices of the group's cement products and concrete compared to the same period in 2025, leading to a decrease in comprehensive gross profit and gross profit margin.
CR BLDG MAT TEC (01313) announced that the Group expects to incur a net loss attributable to owners of the company of approximately RMB 170 million to 200 million for the three months ending on March 31, 2026, compared to a profit of RMB 107 million for the same period in 2025. The main reason for this is the decrease in selling prices of the Group's cement and concrete products compared to the same period in 2025, resulting in a decrease in comprehensive gross profit and gross profit margin.
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