CNBM (03323) Issues Profit Alert, Expects Shareholders' Profit of Approximately RMB 2.95 Billion in First Three Quarters

Stock News
Oct 14, 2025

CNBM (03323) announced that the group expects unaudited profit attributable to equity holders to be approximately RMB 2.95 billion for the nine months ended September 30, 2025, compared to a loss attributable to equity holders of approximately RMB 684 million for the nine months ended September 30, 2024.

The expected increase is primarily attributable to decreased sales costs of the group's main products including cement and ready-mixed concrete, higher selling prices and lower sales costs of glass fiber, increased sales volume of wind turbine blades and coatings, higher share of profits from associates, and increased net gains from fair value changes of financial assets measured at fair value through profit or loss. However, these positive factors were partially offset by decreased sales volume of cement.

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