China Construction Materials (CNBM), a subsidiary of China Construction Materials (CNBM), has published key accounting data and financial indicators for the first quarter of 2024. The report shows that in the three months ended March 31, 2024, operating income reached approximately RMB59.44 billion, up 24.62% year-on-year; net profit attributable to North New Construction Materials shareholders was approximately RMB822 million, a significant year-on-year increase of 38.11%; net profit after non-recurring losses was approximately RMB 7.91 million, up year-on-year. Long 40.68%. In addition, the net cash flow generated by operating activities improved significantly, growing 91.52% year-on-year, demonstrating an improvement in the company's operating efficiency. Basic earnings per share and diluted earnings per share were $0.487, an increase of 38.35% year-over-year. The Company...Show More

China Construction Materials (CNBM), a subsidiary of China Construction Materials (CNBM), has published key accounting data and financial indicators for the first quarter of 2024. The report shows that in the three months ended March 31, 2024, operating income reached approximately RMB59.44 billion, up 24.62% year-on-year; net profit attributable to North New Construction Materials shareholders was approximately RMB822 million, a significant year-on-year increase of 38.11%; net profit after non-recurring losses was approximately RMB 7.91 million, up year-on-year. Long 40.68%. In addition, the net cash flow generated by operating activities improved significantly, growing 91.52% year-on-year, demonstrating an improvement in the company's operating efficiency. Basic earnings per share and diluted earnings per share were $0.487, an increase of 38.35% year-over-year. The Company's total assets and shareholders' equity of North New Construction grew by 14.01% and 3.69%, respectively. These financial data for North New Construction have been retroactively adjusted in accordance with corporate accounting standards and will be published in the full first quarter report on the Shenzhen Stock Exchange website. China Building Materials issued this voluntary notice on 26 April 2024.