China: China Resources Building Materials Technology (CRMBT) has issued a profit warning for the first nine months of 2023. The producer expects the profit attributable to its owners to drop by 59 – 63% year-on-year. This is partly due to its previous one-off gain from a divestment worth US$239m in the corresponding period in 2022.
China Resources Building Materials Technology issues profit warning
Written by Global Cement staff
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