CNBM: Expected First Quarter Loss Narrows to 170 Million yuan

Recently, China National Building Material Co., Ltd. announced that the Group's unaudited loss attributable to equity holders for the three months ending March 31, 2026 is expected to be about RMB 170 million . Loss attributable to equity holders for the three months ended March 31, 2025 was approximately RMB517 million. The main reasons for the decrease in the

Company's loss included the increase in the selling price of glass fiber, the decrease in the cost of sales, the increase in the sales volume of electronic cloth and lithium battery separator, the increase in the net gain from the change in fair value of financial assets, and the increase in the share of profits of associates, which were partially offset by the decrease in the selling price of cement.