SEHK:3323Basic Materials
China National Building Material (SEHK:3323) Earnings Surge 630.7%, Challenging Bearish Narratives on Profitability
China National Building Material (SEHK:3323) delivered a striking 630.7% earnings growth over the past year, rebounding after averaging a 35.5% annual decline for the prior five years. Net profit margins also climbed sharply, moving from 0.4% a year ago to 3.3%. Despite this headline improvement, current forecasts point to a 0.6% annual decline in future earnings and a modest 3.2% revenue growth rate. Both figures trail the broader Hong Kong market.
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