China Resources Building Materials Technology Co., Ltd.: The net profit attributable to the parent company in the first three quarters is expected to decrease by 47% -57% compared with the same period

2024-10-16 10:06:11

China Resources Building Materials Technology (01313) announced that the group expects that the profit attributable to the owners of the company (net profit attributable to the parent company) in the first nine months of 2024 will decrease by about 47% to 57% compared with the same period last year, mainly due to the decrease in the sales price of the group's cement products and concrete during the period compared with the same period in 2023, resulting in a decrease in the consolidated gross profit and the consolidated gross profit margin.

Huarun Building Material Science and Technology (01313) announced that the group expects the profit attributable to the owner of the company (net return to the mother) to decrease by about 47% to 57% in the first nine months of 2024 compared with the same period last year. This was mainly due to the decrease in the sales price of the Group's cement products and concrete during the period as compared with the corresponding period in 2023, resulting in a decrease in the consolidated gross profit and consolidated gross profit margin.

It is understood that in the same period of 2023, the turnover of China Resources Building Materials Technology was about HK $17.893 billion, and the profit attributable to the owner was HK $710 million.

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China Resources Building Materials Technology Co., Ltd.: The net profit attributable to the parent company in the first three quarters is expected to decrease by 47% -57% compared with the same period

2024-10-16 10:06:11

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Jiangxi Provincial Department of Industry and Information Technology: Implementation Rules for Abolishing Capacity Replacement of Cement and Glass Industry in Jiangxi Province

On October 13, the Office of Industry and Information Technology of Jiangxi Province announced that due to the revision of the policy of capacity replacement in the cement and glass industry by the Ministry of Industry and Information Technology, the Office of Industry and Information Technology of Jiangxi Province decided to abolish the Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province (Gongxin Regulation No.2024) from the date of issuance of the notice, and to abolish the "Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province". The capacity replacement of cement and glass industry in the whole province will be handled in accordance with the relevant policies of the Ministry of Industry and Information Technology in the future.