CR BLDG MAT TEC Issues Profit Warning, Anticipates Q1 Net Loss Attributable to Shareholders of Approximately 170-200 Million Yuan
Stock News
Apr 13
CR BLDG MAT TEC (01313) has announced that the group expects to record a net loss attributable to company owners of approximately RMB 170 million to RMB 200 million for the three months ending March 31, 2026. This compares to a net profit attributable to company owners of RMB 107 million in the same period of 2025. The primary reason for the expected loss is a decrease in the selling prices of the group's cement products and concrete compared to the same period in 2025, leading to a reduction in both gross profit and gross profit margin.
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