BBMG corporation’s net loss jumps 85% in first half 2025

BBMG Corporation announced operating revenue of RMB45,565.7 million for the first half of 2025, a marginal year-on-year increase of 0.01%. However, the company reported a net loss attributable to parent company shareholders of RMB1,495.6 million, an 85.4% increase from RMB806.7 million in the same period last year. Basic losses per share attributable to parent company shareholders also rose by 58.3% to RMB0.19.

The modern green building materials segment saw a 14.8% year-on-year increase in principal business revenue to RMB40,489.0 million. Cement and clinker sales volume decreased by 2.1% to 37.38 million tonnes, but ready-mixed concrete sales volume rose by 35.1% to 7.27 million cubic meters. The property development and operation segment, however, experienced a 51.4% decrease in principal business revenue to RMB5,227.4 million, with booked gross-floor area falling by 32.1% to 263.6 thousand sq.m.

The company's total assets grew by approximately 3.1% to RMB272,135.9 million as of June 30, 2025, while total liabilities increased to RMB181,075.5 million. The debt ratio increased by 1.4 percentage points to 66.5%. Net cash outflow from operating activities was RMB1,537.8 million, a decrease of RMB2,632.3 million from the previous year.