CR Building Materials Technology Issues Profit Warning, Expects RMB400-500 Million Interim Loss

Bulletin Express
07/17

China Resources Building Materials Technology Holdings Limited (CR Building Materials Technology) released a profit warning stating that it anticipates a loss attributable to shareholders of approximately RMB400.00 million–RMB500.00 million for the six months ended 30 June 2026. The Group reported a profit of RMB306.70 million in the same period of 2025, marking a year-on-year swing of roughly RMB707 million–RMB807 million to the downside.

Management attributed the expected loss to a decline in selling prices for cement, concrete and aggregates, which outweighed the benefits from ongoing cost-reduction efforts across the value chain. Although unit production costs for all three product categories fell versus the prior-year period, the savings were insufficient to offset the revenue impact of lower market prices, resulting in compressed consolidated gross profit and gross margin.

The figures are based on unaudited management accounts and may be adjusted when the interim results are finalized. The company stated it will issue further announcements should additional information become available. Shareholders and potential investors are urged to exercise caution when dealing in the company’s shares.

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