China Resources Building Materials Technology (01313.HK): Profit Warning, Interim Loss Attributable to Owners Expected at RMB 400 Million to 500 Million
NewTimeSpace News: On 17 July 2026, China Resources Building Materials Technology (01313.HK) issued a profit warning, forecasting an interim loss attributable to owners of the Company of roughly RMB 400 million to RMB 500 million, compared with a profit of around RMB 307 million in the same period last year.
The Company stated that although the unit selling costs of cement, concrete and aggregates all decreased year-on-year during the period, the selling prices of the three products also dropped versus the prior year. The benefits from cost reduction failed to offset the negative impact of falling selling prices, resulting in lower consolidated gross profit and gross profit margin.
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