China National Building Material Reports Strong Financial Growth for BNBM in 2024

An announcement from China National Building Material Co ( (HK:3323) ) is now available.

China National Building Material Company Limited announced the principal accounting data and financial indicators for its subsidiary, BNBM, for the year ended December 31, 2024. The company reported a 15.14% increase in operating revenue and a 3.49% rise in net profit attributable to shareholders compared to the previous year. The net cash flow from operating activities also saw an 8.45% increase. Despite a slight decrease in the weighted average return on net assets, the overall financial performance indicates a positive growth trajectory, enhancing the company’s market position and potentially benefiting its stakeholders.

More about China National Building Material Co

China National Building Material Company Limited is a joint stock limited company incorporated in the People’s Republic of China. It operates in the building materials industry and focuses on producing and supplying a wide range of construction materials. Its subsidiary, Beijing New Building Materials Public Limited Company (BNBM), has its A shares listed on the Shenzhen Stock Exchange.

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