China Resources Building Materials Technology Holdings Ltd
01313: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| d> | LOCK|m#@ | LOCK|T<HF?!s |
China Resources Building Materials Earnings: Valuation Cut by 9% on Lower Aggregates Profit
In line with its profit warning, China Resources Building Materials reported a 14% decline in third-quarter revenue and a net loss of CNY 399 million, compared with a net profit of CNY 24 million a year earlier. Gross margin plunged to 6.2% from 13.6% due to lower product selling prices.
