China Resources Cement expects RMB750m-RMB850m nine-month loss
China Resources Cement expects a loss of RMB750 million to RMB850 million for the nine months ended September 30, 2026.
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what happened
Reuters reports that China Resources Building Materials Technology Holdings Ltd expects to post a loss of RMB750 million-RMB850 million for the nine months ended Sept. 30, 2026.
The company attributed the expected nine-month result to changes in the unit costs of sales for concrete and aggregates, among other factors.
why it matters
The projected loss highlights pressure on the building materials company’s financial performance. Changes in concrete and aggregates costs will be among the factors reflected in the company’s results for the reporting period.
instruments
sources
- China Resources Cement Expects Loss Of RMB 750 Million-RMB 850 Million For Nine Months Ended Sept 30, 2026 — Reuters, 12 October 2026 at 14:13 UTC
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