China Resources Building Materials Issues Profit Warning on Falling Cement Prices

China Resources Building Materials Technology Holdings ( (HK:1313) ) has shared an update.

China Resources Building Materials Technology Holdings has warned that it expects to post a loss attributable to owners of between RMB170 million and RMB200 million for the three months ended 31 March 2026, compared with a profit of RMB107 million a year earlier. The deterioration is mainly due to lower selling prices for its cement and concrete products, pressuring consolidated gross profit and margins, and the company cautioned shareholders and potential investors to exercise care when dealing in its shares as the figures are based on unaudited preliminary management accounts and may be adjusted.

The most recent analyst rating on (HK:1313) stock is a Hold with a HK$1.30 price target. To see the full list of analyst forecasts on China Resources Building Materials Technology Holdings stock, see the HK:1313 Stock Forecast page.

More about China Resources Building Materials Technology Holdings

China Resources Building Materials Technology Holdings is a Hong Kong-listed building materials group incorporated in the Cayman Islands. The company focuses on the production and sale of cement and concrete products, serving construction and infrastructure markets in mainland China and the broader region.

YTD Price Performance: 0.65%

Average Trading Volume: 16,500,917

Technical Sentiment Signal: Sell

Current Market Cap: HK$10.89B

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