CR Building Materials Technology Issues Profit Warning, Forecasts RMB170–200 Million Q1 Loss

Bulletin Express
04/13

China Resources Building Materials Technology Holdings Limited (CR Building Materials Technology) has released an inside-information announcement signaling a first-quarter 2026 loss attributable to shareholders of approximately RMB170.00 million to RMB200.00 million. The company posted a profit of RMB107.00 million in the comparable period of 2025, indicating a year-on-year swing of roughly RMB277.00 million to RMB307.00 million.

The Board attributes the expected downturn primarily to lower selling prices for cement products and concrete during the period, which compressed both consolidated gross profit and gross margin. All disclosed figures are based on unaudited management accounts for the three months ended 31 March 2026 and may be subject to further adjustment upon auditor review.

CR Building Materials Technology will provide detailed unaudited first-quarter financial results in a forthcoming announcement. The company stated it will release additional updates if further information becomes available in accordance with Hong Kong Listing Rules.

Shareholders and potential investors have been advised to exercise caution when dealing in the company’s shares.

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