China Resources Building Materials Technology (01313.HK) issues profit warning, expecting a net loss of approximately 400 million to 500 million yuan attributable to shareholders in the first half of the year.

The Zhtng Finance and Economics APP reports that China Resources Building Materials Technology (01313.HK) has announced that the group expects to incur a loss attributable to owners of the company of approximately RMB 400-500 million for the six months ending June 30, 2026, while in the same period in 2025, the company had a profit of RMB 306.7 million. The company continues to deepen its cost reduction measures throughout the entire value chain, with unit sales costs of cement, concrete, and aggregate all decreasing compared to the same period in 2025, despite a decrease in the selling prices of these three products. The savings in sales costs are not enough to offset the impact of the decrease in selling prices, leading to a decrease in comprehensive gross profit and comprehensive gross profit margin.