Hong Kong Stock Movement | CR BLDG MAT TEC (01313) Declines Over 4% Post Earnings as Q3 Cement Sales Fall Slightly Less Than Industry Average, Cement Operations Remain Under Pressure

Stock News
Oct 27

CR BLDG MAT TEC (01313) saw its shares drop over 4% after the earnings report, currently trading at HKD 1.70, down 4.49%, with a transaction volume of HKD 31.75 million. On October 24, CR BLDG MAT TEC announced its nine-month results for the period ending September 30, 2025, reporting a revenue of RMB 15.07 billion, a 4.5% year-on-year decline. The profit attributable to shareholders stood at RMB 331 million, a year-on-year increase of 7.3%, with basic earnings per share at RMB 0.047. According to a report by CICC, the Q3 2025 results of CR BLDG MAT TEC were broadly in line with expectations. In terms of core operations, the company's total clinker cement sales in Q3 2025 fell by 5.3% year-on-year to 14.12 million tons, compared to a decline of 6.6% in the industry’s total cement output, indicating that its sales drop was slightly less severe than the industry average. The average selling price per ton of clinker cement decreased by RMB 32 year-on-year to RMB 205, while the cost per ton also dropped by RMB 32 to RMB 173. The gross profit per ton remained stable at RMB 32, showing little change at low levels. The weak demand during the off-season, coupled with increasing supply-demand mismatches, continues to pressure the core cement business.

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