CNBM: Expected loss attributable to equity holders in the first three quarters of about 700 million yuan

2024-10-16 10:12:19

The above expected decrease is mainly attributable to the decrease in the selling prices of the Group's major products, namely cement, ready-mixed concrete and glass fibre, the decrease in the sales volume of cement, and the decrease in the share of results of associates, but partially offset by the decrease in the cost of sales of cement and ready-mixed concrete, and the decrease in the net loss from the change in the fair value of the Group's financial assets at fair value through profit or loss.

CNBM announced that it expects the Group 's unaudited loss attributable to equity holders to be approximately RMB700 million for the first three quarters of 2024, compared with a profit attributable to equity holders of approximately RMB2.353 billion for the same period in 2023.

The aforesaid expected decrease was mainly due to the decrease in the selling prices of the Group's major products, namely cement, commercial concrete and glass fibre, the decrease in the sales volume of cement and the decrease in the share of results of associates , but was partially offset by the decrease in the cost of sales of cement and commercial concrete. As well as a decrease in the net loss from changes in fair value of the Group's financial assets recognised at fair value through profit or loss.

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Correlation

CNBM: Expected loss attributable to equity holders in the first three quarters of about 700 million yuan

2024-10-16 10:12:19

CEMPI

100.41

+0.83 +0.83%

CONCPI

86.65

-0.03 -0.03%

CLKPI

102.88

+1.32 +1.30%

SPPI

41.98

+0.35 +0.84%

MORPI

71.83

0.00 0.00%

Ningxia: Strictly implement the ultra-low emission transformation of cement and other industries

In order to further study and implement Xi Jinping's thought of ecological civilization, resolutely implement the deployment requirements of the State Council's Action Plan for Continuous Improvement of Air Quality, conscientiously implement the work arrangements of the Party Committee and the government of the autonomous region, and continuously consolidate the achievements of the year of tackling key problems in the protection and control of the ecological environment, on October 15, 2026, the State Council of the People's Republic of China decided to implement the plan. The People's Government of the Autonomous Region held a kick-off meeting on air pollution prevention and control in the winter and spring of 2026-2027. Vice Chairman Liu Jun presided over and delivered a speech. Members of the leading group of the construction of ecological civilization of the Party Committee of the Autonomous Region are responsible for comrades, members of the team of the Department of Ecological Environment and relevant departments and institutions.