China Resources Building Materials Technology Holdings First Quarter 2024 Earnings: CN¥0.004 loss per share (vs CN¥0.005 loss in 1Q 2023)

China Resources Building Materials Technology Holdings (HKG:1313) First Quarter 2024 Results

Key Financial Results

• Revenue: CN¥4.79b (up 3.4% from 1Q 2023).
• Net loss: CN¥28.9m (loss narrowed by 11% from 1Q 2023).
• CN¥0.004 loss per share (improved from CN¥0.005 loss in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

China Resources Building Materials Technology Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Basic Materials industry in Hong Kong.

Performance of the Hong Kong Basic Materials industry.

The company's shares are up 18% from a week ago.

Risk Analysis

You still need to take note of risks, for example - China Resources Building Materials Technology Holdings has 3 warning signs we think you should be aware of.

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