China National Building Material Company Limited provided earnings guidance for the full year ended December 31, 2015. For the year, the company expects profit attributable to equity holders will decrease by over 70% as compared with that of the same period in 2014. The above expected decrease is primarily due to the fact that during the period from January to December of 2015, the major product of the Group, cement, saw a substantial decrease in price as a result of multiple factors including significant slow-down in the growth of cement demand and severe overcapacity in the industry.
China National Building Material Company Limited Provides Earnings Guidance for the Full Year Ended December 31, 2015
Published on 02/02/2016 at 05:41 pm IST

















