Summary by Futu AI
CHINA BUILDING MATERIALS CO., LTD. (“CHINA BUILDING MATERIALS”) ANNOUNCES KEY ACCOUNTING DATA AND FINANCIAL INDICATORS FOR THE YEAR ENDED DECEMBER 31, 2023, OF ITS SUBSIDIARY NORTH NEW BUILDING MATERIALS. Data showed that the operating income of North New Construction Materials in 2023 increased by 11.27% compared to 2022 to RMB22,425,895,636.99; net profit attributable to the shareholders of North New Construction increased by 12.07% to RMB3,524,001,193.59; net profit after non-recurring loss increased 31.75% to 3,495,056,59 RMB 250.46 Yuan Renminbi. Net cash flow generated by operating activities increased 28.76% year-over-year, basic earnings per share and diluted earnings per share increased by 12.09%, while weighted average net asset return increased slightly to 16.00%. As of the end of 2023, the total assets of North New Construction Materials and the net assets of North New Construction Materials shareholders grew by 5.61% and 10.88%, respectively. The financial report of North New Construction Materials 2023 will be published on the website of the Shenzhen Stock Exchange. This announcement was issued by Pei Hongyan, Secretary of the China Building Materials Board, on 19 March 2024.