Beijing New Building Materials (group) Co Ltd Class ASZSE: 000786

Beijing New Building Materials: 2024 revenue up 15.14%, net profit up 3.49%, with strong growth in waterproofing and coatings

· Issued by Beijing New Building Materials (group) Co Ltd Class A

Revenue grew 15.14% to ¥25.82B and net profit rose 3.49% to ¥3.65B in 2024, driven by strong waterproofing and coatings growth, major acquisitions, and international expansion. Cash flow and R&D investment increased, with a proposed 40% payout dividend.

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