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News CNBM’s profit down by 9% to US$420m in first quarter of 2022

CNBM’s profit down by 9% to US$420m in first quarter of 2022

Written by Global Cement staff 04 May 2022
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China: CNBM’s total operating revenue fell by 1% year-on-year to US$7.29bn in the first quarter of 2022 from US$7.254bn in the same period in 2021. Its operating costs grew by 3% to US$6.90bn. Its net profit fell by 9% to US$420m from US$462m.

Published in Global Cement News
Tagged under
  • China
  • CNBM
  • Results
  • GCW555
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