CNBM expects reduced loss attributable to equity holders

China National Building Material Company Limited (HKEX:3323) issued a profit alert, announcing expectations of a reduced loss attributable to equity holders for the three months ended March 31, 2025. The company anticipates an unaudited loss of approximately RMB520 million, a notable improvement compared to the RMB1,350 million loss reported for the same period in 2024. This reduction is primarily attributed to increases in sales prices and decreases in cost of sales for major products like cement and glass fibers, alongside increased sales volume for wind power blades and coatings. The company advises shareholders and potential investors to exercise caution when dealing in the shares. The 2025 First Quarterly Results are yet to be finalized and will be published before the end of April 2025.