China National Building Material Posts Loss
Company Announcements

China National Building Material Posts Loss

China National Building Material Co (DE:D1Y) has released an update.

China National Building Material Co reports a significant downturn in its interim results for the first half of 2024, with revenues dropping by 18.5% to RMB 83.47 billion and a shift from a profit of RMB 1.4 billion last year to a loss of RMB 2.02 billion. The company experienced a basic loss per share of RMB 0.239 and has decided not to issue an interim dividend to shareholders.

For further insights into DE:D1Y stock, check out TipRanks’ Stock Analysis page.

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