China Resources Building Materials' Profit Rises 7% in January-September Period; Shares Slide 4%
MT Newswires Live
Oct 27
China Resources Building Materials Technology (HKG:1313) reported profit attributable to owners of 331 million yuan for the nine months ended Sept. 30, up 7% from 308.6 million yuan a year earlier, according to an Oct. 24 Hong Kong bourse filing.
Shares of the cement manufacturer were down nearly 4% in Monday morning trade.
Basic earnings per share came in at 0.047 yuan, compared with 0.044 yuan a year earlier.
Turnover fell by over 4% year on year to 15.1 billion yuan from 15.8 billion yuan.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.