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Beijing New Building Materials: H1 2024 revenue and profit rose sharply, with coatings and international business as key growth drivers

Beijing New Building Materials: H1 2024 revenue and profit rose sharply, with coatings and international business as key growth drivers

Beijing New Building Materials (group) Co Ltd Class AAugust 22, 20245
Beijing New Building Materials: H1 2024 revenue and profit rose sharply, with coatings and international business as key growth drivers

About this update from Beijing New Building Materials (group) Co Ltd Class A

Revenue and net profit grew 19.25% and 16.79% year-over-year, respectively, in H1 2024, driven by strong performance in gypsum board, waterproofing, and coatings, as well as successful integration of Carpoly. Cash flow and R&D investment surged, while international business and green transformation advanced.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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