China Resources Building Materials reports profit growth, board changes

China Resources Building Materials Technology Holdings Limited reported a 7.3% increase in profit attributable to owners for the nine months ended 30 September 2025, reaching 331.0 million yuan, up from 308.6 million yuan in the prior year. Despite a 4.5% decrease in turnover to 15,069.6 million yuan, the company saw its consolidated gross profit rise by 6.4% to 2,550.2 million yuan, driven by lower cement product costs. Basic earnings per share improved to 0.047 yuan from 0.044 yuan.

In separate announcements, the board revealed a series of significant leadership changes effective October 24, 2025. Mr. Shek Lai Him Abraham resigned as an independent non-executive director and chairman of the remuneration and appraisal committee, among other roles. Mr. Li Nan was appointed as a non-executive director, bringing extensive experience from China Resources Group.

Additionally, Mr. Tang Yi Hoi was re-designated to chairman of the remuneration and appraisal committee and appointed to the nomination committee, while Mr. Gong Xiaofeng was appointed as a member of the remuneration and appraisal, audit, and risk and compliance committees. The company also declared an interim dividend of HK$0.014 per share for the six months ended 30 June 2025.