China: China National Building Material (CNBM) has warned of an anticipated year-on-year decline in its profit during the first nine months of 2023. Reuters has reported that the group forecast a drop of 70% from nine-month 2022 levels. Declining cement prices contributed to the anticipated drop.
China National Building Material issues nine-month profit warning
URL: https://globalcement.com/news/item/16448-china-national-building-material-issues-nine-month-profit-warning
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