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CNBM Opens with Downside Gap of 9% after Expecting to Swing to Loss of RMB4B+ Last Yr
CNBM (03323.HK) opened with a downside gap of 9.25% today at HK$5.1, with 1.046 million shares traded in the pre-market session, amounting to HK$5.3346 million.The company issued a...
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CNBM Opens with Downside Gap of 9% after Expecting to Swing to Loss of RMB4B+ Last Yr
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CNBM (03323.HK)  -0.110 (-2.218%)    Short selling $22.91M; Ratio 59.212%   opened with a downside gap of 9.25% today at HK$5.1, with 1.046 million shares traded in the pre-market session, amounting to HK$5.3346 million.

The company issued a profit warning, expecting to swing to loss from profit for the twelve months ended 31 December 2025 at approximately RMB2.3-4 billion, compared to the net profit of RMB2.387 billion in the same period of last year.

Related News CHINA NATIONAL BUILDING MATERIAL (03323.HK) Reports Full-Year Loss of RMB3.745 Billion; Final Dividend of RMB0.15
The above expected decrease is mainly attributable to the increase in impairment loss on the Group’s property, plant and equipment and goodwill, as well as the decrease in sales volume of cement (being the Group’s major product), although part of the decrease has been offset by the decrease in cost of sales of cement and commercial concrete; the increase in sales prices and decrease in cost of sales of glass fibers; and the increase in sales volume of wind power blades and coatings, as well as the increase in share of profit of associates.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)

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