China Resources Building Materials Technology (HKG:1313) expects an attributable profit of between 100 million yuan and 120 million yuan in the first quarter of 2025, compared with an attributable loss of 28.9 million yuan a year prior, a Wednesday filing with the Hong Kong bourse said.
The cement and concrete manufacturer attributed the anticipated turnaround to profit mainly to higher selling prices and a lower costs of sales of its cement products.
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