Beijing New Building Materials: Net profit dropped 20.31% on lower sales, but coatings and waterproofing grew

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

Revenue declined 2.09% to ¥25.28 billion and net profit fell 20.31% to ¥2.91 billion, with coatings and waterproofing segments showing growth while gypsum board sales softened. The company maintained strong cash flow, expanded internationally, and proposed a 40% payout ratio for dividends.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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