China Resources Building Materials Technology (1313) investor relations material

Executive summary

• 9M26 turnover fell 14.9% YoY to RMB12,825.0m; owners’ attributable result swung to a RMB796.2m loss from a RMB331.0m profit.

• Q3 owners’ attributable loss was RMB354.9m, versus a RMB24.3m profit in Q3 2025.

• Concrete sales volume rose 24.0% YoY to 12.978m m³, while cement and aggregates volumes declined 6.2% and 9.3%, respectively.

Financial highlights

• 9M gross profit fell 61.8% YoY to RMB973.2m; gross margin contracted 9.3 percentage points to 7.6%.

• Q3 turnover was RMB4,189.1m versus RMB4,864.0m YoY; gross profit was RMB259.3m versus RMB662.9m.

• 9M loss before taxation was RMB1,047.5m and loss for the period was RMB935.9m.

• Finance costs declined 11.8% YoY to RMB292m in 9M26.

Segment performance

• Cement products turnover was RMB7,597.3m; volume declined to 36.984m tons and average selling price fell to RMB205.4/ton.

• Concrete turnover was RMB3,046.3m; volume rose to 12.978m m³ while average selling price fell to RMB234.7/m³.

• Aggregates turnover was RMB1,565.0m; volume fell to 53.155m tons and average selling price to RMB29.4/ton.

• 9M gross margins were 4.8% for cement, 11.8% for concrete and 13.5% for aggregates, down from 17.1%, 14.7% and 25.4%, respectively.