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

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

· Issued by 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.

Company analysis