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China National Building Material Reports Reduced Losses in Q1 2025

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China National Building Material Reports Reduced Losses in Q1 2025

The latest announcement is out from China National Building Material Co ( (HK:3323) ).

China National Building Material Company Limited announced a significant reduction in its unaudited loss for the first quarter of 2025, with losses decreasing to approximately RMB520 million from RMB1,350 million in the same period of 2024. This improvement is attributed to increased sales prices and decreased costs of major products like cement and glass fibers, alongside higher sales volumes of wind power blades and coatings, despite a drop in cement sales volume.

More about China National Building Material Co

China National Building Material Company Limited is a joint stock company based in the People’s Republic of China. It operates in the building materials industry, primarily focusing on products such as cement, glass fibers, wind power blades, and coatings.

See more data about 3323 stock on TipRanks’ Stock Analysis page.

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