CHINA BUILDING MATERIALS CO., LTD. (HEREINAFTER REFERRED TO AS “CHINA BUILDING MATERIALS”) ANNOUNCES KEY ACCOUNTING DATA AND FINANCIAL INDICATORS FOR THE YEAR ENDED DECEMBER 31, 2023, BY ITS SUBSIDIARY CHINESE MATERIALS INTERNATIONAL ENGINEERING CO., LTD. (HEREINAFTER REFERRED TO AS “CHINA BUILDING MATERIALS INTERNATIONAL”). The report showed that the international sales revenue of Medium Materials reached about RMB457.99 billion, an increase of 6.94% year-on-year; net profit attributable to the shareholders of Medium Materials International was approximately RMB29.16 billion, up 14.74% year-on-year. Net profit after non-recurring loss was approximately RMB26.77 billion, an increase of 26.84% year-on-year. Net cash flow generated by operating activities increased significantly to approximately RMB35.36 billion, an increase of 210.09%. The weighted average return on net assets was 16.32%, an increase of 1.13 percentage...Show More

CHINA BUILDING MATERIALS CO., LTD. (HEREINAFTER REFERRED TO AS “CHINA BUILDING MATERIALS”) ANNOUNCES KEY ACCOUNTING DATA AND FINANCIAL INDICATORS FOR THE YEAR ENDED DECEMBER 31, 2023, BY ITS SUBSIDIARY CHINESE MATERIALS INTERNATIONAL ENGINEERING CO., LTD. (HEREINAFTER REFERRED TO AS “CHINA BUILDING MATERIALS INTERNATIONAL”). The report showed that the international sales revenue of Medium Materials reached about RMB457.99 billion, an increase of 6.94% year-on-year; net profit attributable to the shareholders of Medium Materials International was approximately RMB29.16 billion, up 14.74% year-on-year. Net profit after non-recurring loss was approximately RMB26.77 billion, an increase of 26.84% year-on-year. Net cash flow generated by operating activities increased significantly to approximately RMB35.36 billion, an increase of 210.09%. The weighted average return on net assets was 16.32%, an increase of 1.13 percentage points over the previous year. Basic earnings per share and diluted earnings per share were $1.12, up 14.29% year-over-year. Total assets and net assets attributable to Medium International shareholders grew by 8.69% and 9.56%, respectively. Central Materials International merged with Fei Cement Research Design Institute Limited in February 2023 and retroactively adjusted the accounting data and financial indicators of the previous year according to corporate accounting criteria. The full text of China Material International's annual report will be published on the Shanghai Stock Exchange website.