China Resources Cement forecasts profit rebound in first quarter

China Resources Building Materials Technology Holdings Limited (HKEX: 1313) anticipates a return to profitability for the three months ended March 31, 2025. The company forecasts a profit attributable to owners ranging from approximately RMB100.0 million to RMB120.0 million. This contrasts sharply with a loss of RMB28.9 million recorded for the same period in 2024. The expected improvement is primarily attributed to higher selling prices and lower production costs for the Group's cement products. The company cautioned that the figures are based on a preliminary assessment of unaudited consolidated management accounts and are subject to further adjustments.