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An update from China National Building Material Co ( (HK:3323) ) is now available.
China National Building Material Co., Ltd. has reported a decrease in operating revenue for its subsidiary, Tianshan Material Co., Ltd., for the first quarter of 2025, with a decline of 8.64% compared to the same period last year. Despite the drop in revenue, Tianshan Material showed an improvement in net profit attributable to shareholders, which increased by 22.33% after adjustments. However, the net cash flow from operating activities saw a significant decline of 56.39%, indicating potential liquidity challenges. The company’s total assets increased slightly by 1.74%, while net assets attributable to shareholders decreased by 1.59%. These financial indicators suggest mixed performance, with improvements in profitability but challenges in cash flow and asset management.
More about China National Building Material Co
China National Building Material Co., Ltd. is a major player in the building materials industry, primarily focusing on the production and distribution of materials such as cement, glass, and other construction-related products. The company operates in various markets, with a significant presence in China, and its subsidiary, Tianshan Material Co., Ltd., is listed on the Shenzhen Stock Exchange.
Learn more about 3323 stock on TipRanks’ Stock Analysis page.
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