China Resources Building Materials Technology Holdings Limited reported FY2025 profit attributable to owners of RMB479.36 million, up 127.30% year-on-year, despite an 8.6% decline in turnover to RMB21.05 billion. Basic EPS rose to RMB0.069 from RMB0.030.

Gross profit slipped 7.34% to RMB3.52 billion, yet the gross margin edged up 0.2 percentage points to 16.7%, driven by lower coal and finance costs. Finance expenses fell 16.66% to RMB446.91 million, while the average coal purchase price dropped 16.5% to RMB670 per ton and unit coal consumption per ton of clinker decreased to 127.6 kg.

Segmentally, cement remained the core contributor with revenue of RMB12.66 billion (–15.9% YoY), followed by concrete at RMB4.39 billion (+5.5%) and aggregates at RMB2.89 billion (+14.3%). Sales volumes reached 55.42 million tons of cement (–10.2%), 15.41 million m³ of concrete (+18.3%) and 85.60 million tons of aggregates (+23.4%).

Total assets slipped 2.20% to RMB70.39 billion. Equity attributable to owners inched up 0.87% to RMB44.51 billion, lifting book NAV per share to RMB6.37. The gearing ratio improved to 30.7% from 34.6%, supported by a 25.79% reduction in short-term bank loans.

Operating cash and bank balances, including pledged deposits, stood at RMB2.87 billion at year-end. Unutilised banking facilities amounted to RMB22.65 billion, and outstanding medium-term notes totalled RMB3.00 billion.

The Board recommends a final dividend of HK$0.024 per share, versus HK$0.010 a year earlier. Together with the interim payout of HK$0.014, full-year dividends total HK$0.038 per share, up 26.7% year-on-year.

Management highlighted ongoing cost-reduction initiatives, capacity optimisation and progress in aggregates expansion, with aggregate capacity in operation (including trial production) reaching 115.2 million tons by year-end.