China Resources Building Materials Technology Holdings Ltd

01313: XHKG (HKG)
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China Resources Building Materials Earnings: Valuation Cut by 15% on Weaker Growth Outlook

China Resources Building Materials saw a 9% year-on-year revenue decline in the first quarter of 2026, as average selling prices for cement and aggregate products plunged by 14%-16%. Gross margin deteriorated by 490 basis points to 11.4%, resulting in a CNY 134 million operating loss.

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