Changes in Hong Kong stocks | China Resources Building Materials Technology (01313) rose more than 10% in the first quarter, cement sales bucked the trend, and the contribution ratio of aggregate performance increased
The Zhitong Finance App learned that China Resources Building Materials Technology (01313) rose by more than 10%. As of press release, it had risen 9.68% to HK$1.36, with a turnover of HK$27.63 million. According to the news, China Resources Building Materials Technology announced its results for the first quarter of 2024, with a turnover of about 4.788 billion yuan, a year-on-year decrease of 5.6%; the company owner should have accounted for a loss of 28.874 million yuan, a year-on-year decrease of 3.69%. The consolidated gross margin for the period was 13.8%, up 1.8 percentage points from the previous year. This is mainly due to the year-on-year increase in aggregate sales during the period. According to CICC Research Report, 1Q24's total sales volume of cement clinker is about
China Resources Building Materials Technology (01313.HK): 1Q24 sales bucked the trend and boosted the rapid growth of the aggregate business
The results are basically in line with our expectations for 1Q24: revenue of 4.79 billion yuan, -5.6% year-on-year; net profit to mother of -0.28.9 billion yuan, compared to -0.30 billion yuan for the same period in 1Q23. Company 1Q24
CICC: Maintaining China Resources Building Materials Technology's (01313) “Outperform the Industry” Rating Target Price of HK$1.93
The Zhitong Finance App learned that CICC released a research report stating that while maintaining China Resources Building Materials Technology's (01313) “outperforming the industry” rating, the 2024/25E net profit of 676 million yuan/804 million yuan remained unchanged, with a target price of HK$193 million. The company announced 1Q24 results: revenue of 4.79 billion yuan, -5.6% year-on-year; net profit to mother of -0.28.9 million yuan, compared to -0.30 billion yuan for the same period in 1Q23. The company's 1Q24 performance is basically in line with this forecast. According to the report, the company's leading position in the region has been consolidated, and the aggregate business has entered a period of rapid growth. The company proposed “grab shares, stick to the bottom line,
China Resources Building Materials Technology (1313.HK): Strong sales in the non-cement business, impressive cost reduction in cement
1Q24 reduced losses slightly year-on-year. China Resources Building Materials Technology released its quarterly report. 1Q24 achieved net profit attributable to the parent company of 28.87 million yuan, a slight year-on-year reduction (1Q23: -29.98 million yuan). Cost reduction and expansion of the cement business and
China Resources Building Materials Technology released the 2023 Sustainability Report and won the “Five Star Excellent” evaluation for the first time
On April 26, China Resources Building Materials Technology's 2023 Sustainability Report was released online. For the first time, the report won the “Five Star Excellent” social responsibility model evaluation by the China Corporate Social Responsibility Report Rating Expert Committee, and received a “five-star” ESG excellence evaluation for two consecutive years. This report is the 11th Sustainability/Social Responsibility Report issued by China Resources Building Materials Technology. It is also the first sustainability report since the company officially changed its name. With the theme of “Becoming a respected world-class building materials technology enterprise”, the report follows the principles of importance, quantification, balance and consistency, and fully demonstrates the sustainability of China Resources Building Materials Technology in 2023
Huarun Building Materials Technology's one-stop disposal project for mine waste and construction solid waste passed the scientific and technological achievement assessment
Recently, the “One-stop Production of Low-Carbon Cement and Concrete Complete Technology and Application Demonstration” project at the Changjiang base of China Resources Building Materials Technology won the scientific and technological achievement certification issued by the China Building Materials Federation. The project results were recognized as having generally reached the international advanced level. Among them, “using high-aluminum and low-calcium waste to produce low-carbon cement and concrete” reached the leading international level. At present, Changjiang Cement has built an aggregate production line to dispose of 250,000 tons of construction waste and 1.2 million tons of mine waste, as well as a commercial mixing station with an annual production capacity of 300,000 cubic meters, and has collaborated with 3 existing cement kilns to produce low-carbon cement and concrete products
China Resources Building Materials Technology (01313) announced first-quarter results. Losses attributable to owners of RMB 28.874 million narrowed by 3.69% year-on-year
China Resources Building Materials Technology (01313) announced results for the first quarter of 2024, with a turnover of about 4.788 billion yuan, compared with...
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China Resources Building Materials Technology (01313.HK): Zhong **** appointed as Secretary and Authorized Representative
Gelonghui, April 26, 丨 China Resources Building Materials Technology (01313.HK) announced that with effect from April 26, 2024: (1) Su Yaofeng has resigned as company secretary and authorized representative; and (2) Zhong **** has been appointed as company secretary and authorized representative.
China Resources Building Materials Technology (01313.HK): Ye Shukun plans to retire as independent non-executive director
Gelonghui, April 26 | China Resources Building Materials Technology (01313.HK) announced that independent non-executive director Ye Shukun will retire on a rotational basis at the company's annual shareholders' meeting in accordance with section 16.18 of the company's articles of association. Ye already met with the board of directors about his retirement plan and will not be re-elected at the annual shareholders' meeting.
Changes in Hong Kong stocks | Cement stocks generally rose today, Western Cement (02233) rose more than 6%, and cement prices rebounded from a low level
Cement stocks generally rose today. As of press release, Western Cement (02233) rose 6.54% to HK$1.14; Asia Cement (00743) rose 3.83% to HK$1.9; and China Resources Building Materials Technology (01313) rose 3.64% to HK$1.14.
China Resources Building Materials Technology Issues 1 Billion Yuan Medium Term Bonds
China Resources Building Materials Technology (HKG:1313) completed the issuance of 1 billion yuan worth of 2024 First Tranche Medium-Term bonds to qualified investors in China, according to a Monday f
China Resources Building Materials Technology (01313) completed the issuance of the first issue of 2024 medium-term notes
China Resources Building Materials Technology (01313) issued an announcement. On April 22, 2024, the company completed the qualification process in China...
China Resources Building Materials Plans 1 Billion Yuan Bond Sale
China Resources Building Materials Technology Holdings (HKG:1313) is poised to issue 1 billion yuan worth of medium-term bonds in China's interbank debt market on April 22, according to a Tuesday fili
China Resources Building Materials Technology (01313) plans to issue 1 billion yuan of medium-term notes
China Resources Building Materials Technology (01313) announced that the company intends to sell interbank bonds in China on April 22, 2024...
China Resources Building Materials Technology (01313.HK) plans to hold a board meeting to approve quarterly results
Gelonghui, April 16, 丨 China Resources Building Materials Technology (01313.HK) announced that the company will hold a board meeting on April 26, 2024 (Friday) to consider and approve (among others) the unaudited financial reports of the company and its subsidiaries for the three months ended March 31, 2024 and their release.
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Express News | Galaxy Securities: Demand in the cement market is expected to recover further
China Defies Decarbonization Trend As Coal Imports Climb 16.9% In Q1 2024
Despite global efforts towards decarbonization, coal imports in China are on the rise, signaling persistent demand for the commodity.
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