China National Building Materials Co., Ltd. (CNBM) has announced the major financial data and financial indicators of its subsidiary Sinoma Science & Technology for the six months ended June 30, 2024. The report shows that Sinoma Science & Technology's revenue decreased by 14.86% compared to the same period last year, while the net profit attributable to Sinoma Science & Technology shareholders decreased significantly by 66.60%. The net profit after deducting non-recurring gains and losses also decreased significantly by 81.25%, and the net cash flow from operating activities turned negative, decreasing by 105.65%. Basic earnings per share and diluted earnings per share both decreased by 66.60%, and the weighted average return on net assets decreased by 4.86%. Total assets and net assets attributable to Sinoma Science & Technology shareholders increased. Sinoma...Show More

China National Building Materials Co., Ltd. (CNBM) has announced the major financial data and financial indicators of its subsidiary Sinoma Science & Technology for the six months ended June 30, 2024. The report shows that Sinoma Science & Technology's revenue decreased by 14.86% compared to the same period last year, while the net profit attributable to Sinoma Science & Technology shareholders decreased significantly by 66.60%. The net profit after deducting non-recurring gains and losses also decreased significantly by 81.25%, and the net cash flow from operating activities turned negative, decreasing by 105.65%. Basic earnings per share and diluted earnings per share both decreased by 66.60%, and the weighted average return on net assets decreased by 4.86%. Total assets and net assets attributable to Sinoma Science & Technology shareholders increased. Sinoma Science & Technology underwent business combination under the same control during the reporting period, and retrospective adjustments were made to the accounting data and financial indicators of previous years in accordance with relevant accounting standards. The full text of the half-year report has been published on the website of the Shenzhen Stock Exchange. This announcement was issued by the Board Secretary of CNBM, Pei Hongyan, on August 21, 2024.