BBMG's Loss Widens 36% in Q1; Hong Kong Shares Fall 3%

MT Newswires Live
Apr 30

BBMG (HKG:2009, SHA:601992) posted a net loss attributable to shareholders of 1.68 billion yuan for the first quarter, widening 36% from a loss of 1.23 billion yuan a year earlier, according to a Wednesday Hong Kong bourse filing.

Hong Kong-listed shares of the the building materials maker fell nearly 3% in midday trade on Thursday.

Loss per share came in at 0.16 yuan from 0.12 yuan a year earlier.

Operating revenue fell 9.2% to 15.3 billion yuan from 16.9 billion yuan in the prior-year period.

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