27 August, CNBM (03323) released its interim results announcement for the six months ended 30 June 2026. The announcement showed that the company's unaudited revenue was 81.483 billion yuan, down 2.2% from the same period in 2025. The loss attributable to equity holders of the company was 829 million yuan, while the profit attributable to equity holders in the same period in 2025 was 1.36 billion yuan. The basic loss per share was 0.109 yuan, and the basic earnings per share in the same period of 2025 was 0.172 yuan. The Board does not recommend the payment of an interim dividend.
In the financial review, the cost of sales was 68.264 billion yuan, up from 67.3 billion yuan in the same period in 2025, and the gross profit decreased to 13.218 billion yuan, down from 15.98 billion yuan in 2025. Administrative expenses increased significantly to 9.781 billion yuan, up from 8.934 billion yuan in 2025, mainly due to the company's strengthened marketing and management efforts. In terms of the performance of each business segment of the
Company, the revenue of the cement segment was RMB22.08 billion, that of the concrete segment was RMB8.448 billion, that of the new materials segment was RMB28.657 billion, that of the engineering and technical services segment was RMB3.568 billion, and that of other businesses was RMB3.62 billion. Sales volume of cement increased by 2.0% year-on-year, but the average selling price of cement decreased by 17.2%. The new materials segment recorded an 8.7% increase in fiberglass sales, while gypsum board sales were down 15.2%. Overall, the company has shown strong growth potential in new materials and engineering services, but the field of basic building materials still faces challenges.
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