Summary by Futu AI
CNBM (China National Building Material Company Limited) announced the major accounting data and financial indicators of its subsidiary Tian Shan Materials Co., Ltd. ("Tian Shan Materials") for the nine months ended September 30, 2024. The report shows that Tian Shan Materials had revenue of 21.76 billion RMB during the reporting period, a decrease of 19.24% compared to the same period last year; net profit was -0.334 billion RMB, a significant year-on-year decrease of 267.64%; net profit after deducting non-recurring gains and losses was -0.423 billion RMB, a decrease of 4,008.78%. In addition, the net cash flow from operating activities was 3.381 billion RMB, a decrease of 69.57%. As of the end of the reporting period, Tian Shan Materials' total assets were 296.467 billion RMB, a slight increase of...Show More