China National Building Material forecasts significant profit rebound

China National Building Material expects an unaudited profit of approximately 1,350 million yuan for the six months ended June 30, 2025, compared to a loss of 2,018 million yuan for the same period in 2024.

The turnaround is driven by increased sales prices and decreased costs for major products like cement and glass fibers, plus higher sales volumes for wind power blades and coatings.