China National Building Material Co ( (HK:3323) ) has shared an update.
Sinoma International, a subsidiary of China National Building Material Co., reported a slight decline in operating revenue by 1.37% for the first quarter of 2025 compared to the previous year. Despite this, the net profit attributable to its shareholders increased by 4.19%, indicating improved profitability. However, the net profit after extraordinary gains or losses decreased by 8.38%, and the company experienced a negative cash flow from operating activities. The total assets and net assets attributable to shareholders showed a minor decrease and increase, respectively, reflecting a stable financial position.
More about China National Building Material Co
China National Building Material Co., Ltd. operates in the construction materials industry, focusing on producing and supplying building materials and engineering services. Its subsidiary, Sinoma International Engineering Co., Ltd., is listed on the Shanghai Stock Exchange and is involved in engineering and construction projects.
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