CNBM reports revenue up by 14% to US$35.5bn in 2012

Byyyp

Updated Thu, 07 Feb 2013 00:00:00 GMT

China National Building Material Group (CNBM) has reported that its operations revenue in 2012 grew by 14% year-on-year to US$35.5bn. The Chinese state-owned building materials manufacturer saw its profit reach US$1.81bn, while its net profit for the year hit US$1.38bn. As the end of 2012, CMBM had US$46bn in total assets, 38% more than at the end of 2011.