Core Viewpoint - China National Building Material (03323.HK) expects a significant turnaround in its financial performance, projecting a profit of approximately RMB 2.95 billion for the nine months ending September 30, 2025, compared to a loss of about RMB 684 million for the same period in 2024 [1] Summary by Relevant Categories Financial Performance - The anticipated profit increase is primarily attributed to a decrease in sales costs for key products such as cement and ready-mixed concrete [1] - The rise in sales prices of fiberglass and a reduction in its sales costs also contribute positively to the profit outlook [1] - Increased sales volumes of wind turbine blades and coatings, along with higher profits from joint ventures, further support the expected profit growth [1] - There is an increase in net gains from changes in the fair value of financial assets recognized in profit or loss, which adds to the overall profit forecast [1] - However, this positive outlook is partially offset by a decline in cement sales volume [1]
中国建材(03323.HK)盈喜：预计前三季度纯利为29.50亿元