China National Building Material Company Limited provided earnings guidance for the six months ended 30 June 2024. For the period, the company expects unaudited loss attributable to equity holders be approximately RMB2,000 million, whereas the profit attributable to equity holders of the Group for the six months ended 30 June 2023 was approximately RMB1,404 million. The above expected decrease is mainly attributable to the decrease in sales prices of cement, commercial concrete and glass fibre (being the major products of the Group), the decrease in sales volumes of cement and commercial concrete and the decline in performance attributed by the associates, although part of which has been offset by the decrease in cost of sales of cement and commercial concrete.
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5-day change | 1st Jan Change | ||
2.64 HKD | -1.86% |
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+0.38% | -20.96% |
07-09 | S&P Revises Outlook on Beijing New Building Materials to Negative Amid Cement Industry Headwinds | MT |
07-09 | China National Building Material Expects to Swing to H1 Loss; Shares Side 13% | MT |
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EPS Revisions
1st Jan change | Capi. | |
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-20.96% | 2.91B | |
+11.44% | 54.38B | |
+11.22% | 40.82B | |
+11.56% | 34.31B | |
+11.85% | 33.58B | |
+32.62% | 22.77B | |
+24.97% | 19.96B | |
+31.62% | 20.16B | |
-9.76% | 9.72B | |
+1.77% | 6.87B |
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- China National Building Material Company Limited Provides Earnings Guidance for the Six Months Ended 30 June 2024